Thread regarding ExxonMobil Corp. layoffs

Are you satisfied or disappointed?

Now that you know your salary increase, what's your verdict?

Satisfied or disappointed?

Those who were waiting for the % salary increase to decide, are you resigning in 2023?

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Post ID: @OP+1k2HUlMa

22 replies (most recent on top)

@aibe+1k2HUlMa can you elaborate?

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Post ID: @hhpx+1k2HUlMa

If you got a double digit raise you are an excellent candidate to be NSIed in 2023 or 2024. Be ready. You are now expensive and Darren doesn't like that. You should be looking for another job like right now.

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Post ID: @gibc+1k2HUlMa

Concerned. I ranked outstanding this and prior cycle, and got a substantial double digit increase this time around. Makes me think have I been underpaid all this time.

Will likely check the external market more often moving forward

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Post ID: @aoyt+1k2HUlMa

I actually got a 19.7 raise (ranked excellent) this year with another CL bump and ranked well last year. However, I was then told my potential is pretty much trash. They honestly treat experience hired like s*** here.

I'm also curious if people know the real reason why ExxonMobil gave such "high" raises this year. The truth would be shocking, ask Chevron!

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Post ID: @aibe+1k2HUlMa

Personally got 11%, now plan to stay due to the signal of keep compensation competitive.

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Post ID: @3ysr+1k2HUlMa

A 20% raise doesn't mean you were behind. It means they changed the salary bands based on market data. Do any of you actually work at XOM????

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Post ID: @3stv+1k2HUlMa

What has become apparent is that in the previous system, supervisors had way too much influence over raises. With beqom there's less subjectiveness, less "culture fit", less good ol' network.

That is the win.

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Post ID: @2yss+1k2HUlMa

I’m quite disappointed with my 3.5% and ranked as Good. However, getting up there in age results in the curves being VERY flat. I see no reason to stay when I can get nearly the same, or more, money for less headache elsewhere.

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Post ID: @2vqz+1k2HUlMa

@1jjf+1k2HUlMa TG is a biggest liar and a crook who has someone climbed the ranks. Fake empathy, and lies all over. Vote for TG.

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Post ID: @1zdf+1k2HUlMa

G, 5.5%. Another (real) pay cut in a record year. No surprise, yes disappointment. Very motivational to do my job (because I’m a professional) but also go apply to those couple interesting LinkedIn postings and send out another ping to my network.

As soon as I find a place where I can do good work and succeed, I’m gone.

Being an experienced hire is fatal to success here, but is does mean I’m immune to gaslighting. I am good at what I do, and will find a place in which to excel, somewhere else.

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Post ID: @1wjg+1k2HUlMa

A lot of people are getting close to 20% raise with no CL bump, which means that a lot of people have been lowballed and kept below their salary reference for far too long by their supervisors.

I cannot understand what kind of a$$ho1e would do something like this.

Why denying an employee the maximum possible raise permitted by the system? What is the upside to a supervisor for doing this?

They were given complete autonomy to adjust the salary knobs up and down and they purposely chose not to turn them up to the maximum, not once, but multiple consecutive years.

Why would they do something like this?

Now that ability has been taken away from them and we can see with these historically high percentages the magnitude of their damage and a$$ho1eness.

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Post ID: @1dlf+1k2HUlMa

@1abz to add to your list of disappointments, gone are the days of purdy women strutting around campus......now replaced with a bunch of fuglys walking like ducks with a chip on their shoulder.

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Post ID: @1tkk+1k2HUlMa

https://www.bls.gov/news.release/cpi.htm

Overall inflation past 12 months is 7.7%

Now put your answer in real wage increase terms. TG is answer ExxonMobil plays the long game. Reality check--》Company is winning after past few years in spite of a decent one time raise. If you're in business for yourself and your family, you're getting scrood.

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Post ID: @1rmf+1k2HUlMa

If this salary treatment was in the works, we unnecessarily lost a lot of good people - who saw no light at the end of the tunnel and quit. Some would have quit anyway, but this is a failure of decision makers/planners for which a heavy price will have to be paid in terms of hiring, onboarding, training and mentoring over the coming years.

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Post ID: @1iny+1k2HUlMa

Was satisfied, and then watched TG’s video on compensation. The gaslighting!
It’s not about pay, it is about the total value package
80% new hire acceptance rate
I know EM’s talking points well. It was just sad to see TG double-down on them…..without having a little humility about the attrition, the outsourcing, the lack of capable hires within certain locations.

We have been paid to stay another year, and listen to the management team continually tell us how great they are. Apparently, this is all for our own good. We should be thankful to work for such a great company that thinks in the long term. All decisions made by management are the right decisions….we just need to try harder to realize this.

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Post ID: @1jjf+1k2HUlMa

Does not matter the increment. Life and work is about balanced scales. The fundamental question is whether you are paid at least 51% financial weight for the 49% weight of the emotional and physical pain you choose to suffer in your day to day job. Most employees in my experience refuse to do this calculation and make the wrong decision. It is very simple calculation and easy to make. If you calculate 50/50 then you really need to explore new work/life plan. This calculation is valid for all jobs in North America and the world. Stop bitxxing about what others may make or not or if execs are overpaid … life is about your own personal choices … so stop your bitxxing. Not very complicated calculations to make.

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Post ID: @1pni+1k2HUlMa

I got a 13.5% increase but I am not sure if I am really happy. My thinking is that the more my compensation accelerates, the more I accelerate to the PIP-off finish line. I would prefer a conservative 4% increase if that means more job security. I don't know what to think anymore. I guess money does not buy happiness. Job security does.

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Post ID: @1iuq+1k2HUlMa

Hopefully, more people will be PIP'd and hopefully low pay raises for bottom 20% will force some to quit

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Post ID: @1jdf+1k2HUlMa

Disappointed.

No raise will erase the memory of 2020-2021, nor distract the attention to what EM has since become:

  • EM was a place to make a career. Now it is $hitty year-to-year job.
  • EM was a place to make meaningful relationships. Now it is a year-to-year transaction.
  • EM was a place to work on meaningful projects. Now it is a PowerPoint $hit-$how.

Gone as soon as I get a decent offer.

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Post ID: @1abz+1k2HUlMa

The money doesn’t matter at this point. It’s like a toxic marriage. Xom has smokes so many good people and lots of older folks. The reality is one day we will be older and treated just the same. The more you make, the more attractive you are for the pip. I rcvd a 10% but to be honest, my allegiance checked out a long time ago. Forget this place. Gone as soon as a better offer comes along

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Post ID: @1ovp+1k2HUlMa

Nobody over 50 who still has to show up to work every day is ever going to be happy. Doesn’t matter how much you pay them.

“I love what I do.”

Sure you do. That’s why you’re complaining 24/7/365 about everything from sugar packets to the thermostat settings.

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Post ID: @1jux+1k2HUlMa

Satisfied. Although as others have astutely pointed out, a >20% raise means i and others were certainly far below our salary reference for a long time, which brings up its own questions. In my case, that’s an easy question to answer. I’m a technical person, and therefore my experience and work is not worth as much as a first time supervisor who gets that CL26 after their first year in the job. But at least I’m finally getting paid what I’m worth.

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Post ID: @1tbd+1k2HUlMa

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