Here’s what I found on Reddit this morning. FYI, LPA meaning Lakh Per Annum. 1 LPA Indian Ruppees = 1100 USD/year.
From Reddit:
Can only speak for Exxon. BP & Chevron’s pay structure might be different.
In 2021, Campus hires from CFTIs (Centrally funded Tech colleges) got 10.81 LPA (fixed) in their BTC office (Bengaluru Tech Center). For MPT (Managerial, Professional, Technical) employees Exxon assigns CLs (Classification Levels) to people starting from 21 (campus hires) through 30, 31 for VPs (25+ years). At Exxon, role change happens very frequently and doesn’t mean promotion. Promotions are through CL increases. You are paid based on relative performance and based on market benchmarks. Moving from CL 21 to 25 happens fairly quickly (~7 years), after that promotion frequency reduces. I have seen salary increases in the order of an avg 25% on base for promotion year and 12% on base for non promotion years.
I am at 22.5 LPA with 3 YEE (year end experience). In 2021, in my department, they hired a 7 years YEE person @ 26.2 LPA, and a 14 YEE person @ 36 LPA. The former is at 46 LPA now and latter at 64 LPA now. Both disclosed their pay since they are close friends.
Variable pay (RSUs) requires outstanding performance at early CLs and very good performance at late CLs. On an avg 50-100 stock units are awarded at corresponding stock price.
If you are on domestic assignment to another city eg an EPC contractor office for FEED/detailed engineering oversight, they will pay for your housing needs (~75k per month pre tax for lower CLs and 1.25L per month pre tax for higher CLs) and relocation.
Career wise you work with counterparts in Houston (headquarters) or operating site depending on your function (operations support, technology, engineering, projects).