Thread regarding ExxonMobil Corp. layoffs

Will raise help slow down attrition?

Of course, health is priceless, but I believe that many have changed their minds about leaving because raise is a good memory eraser.

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Post ID: @OP+1k6cpzEr

17 replies (most recent on top)

@6jgw+1k6cpzEr I’ll bite, what does Chevron have to do with our “big” raises?

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Post ID: @6sfh+1k6cpzEr

I'm 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: @6jgw+1k6cpzEr

Are they still singing the phrase we will focus on hiring and promoting “ non whites” 🥹

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Post ID: @4kpu+1k6cpzEr

Not in the Permian. Why stay in the Permian when you can make the same money in Houston?

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Post ID: @3bsq+1k6cpzEr

Yes. Attrition has slowed down and will be slower for a couple of months at least: too many people have left already, US salary treatments were good and the job market has slowed. I expect resumption of high NSI fraction though to resume HC reduction.

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Post ID: @2biq+1k6cpzEr

The company continues to demoralize many and attrition will continue to keep pace as planned by the executives to reach their targeted company headcount.

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Post ID: @2bey+1k6cpzEr

Not in the technician rakes in Clinton. While Linda claims to care, it's only about the MTS's. The concern for the loss of those in the muck is silent.

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Post ID: @1fqo+1k6cpzEr

@xck …. What would be willing to give up for a real trash can😂

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Post ID: @1sha+1k6cpzEr

Retirements will be high because interest rates are rising high, thus reducing the lump sum. XOM still is still overstaffed by about 15%. Need to do more work from India and let the high cost people in Europe and US quit

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Post ID: @1bxa+1k6cpzEr

@1sgq The Chinese are buying from Russia at a significant discount for obvious reasons.

There’s also little correlation between increased profits derived from high oil prices and rewards or incentives for employees. In fact, there hasn’t been any real correlation between corporate profits and employee compensation for a very long time.

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Post ID: @1hzl+1k6cpzEr

I would take one percent less raise if they would bring back the plastic silverware and cups.

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Post ID: @1xkc+1k6cpzEr

Honestly I thought this year was possible for great raises and I think next year will be good not great. China is easing 0 covid and once that demand spikes get ready for high oil. Yes inflation dropped before 8 but I think it will go back up. Energy drives everything and those prices will begin the upward spike in the spring.

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Post ID: @1sgq+1k6cpzEr

Yes it will help until they tell us there's another 5% NSI target for ranking.

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Post ID: @1fxw+1k6cpzEr

If I get a 20% raise, not only will I endorse the neighborhoods but you may see me sitting inside the Janitor room.

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Post ID: @1rcj+1k6cpzEr

Money is no doubt an influencer to most, but it is proven to be temporary gratification. People are still leaving. I've seen 4 this week so far. Once the feeling of monetary stimulation is gone and people recall why they are unhappy with their job, they will start looking again and going through the same cycle of debate. The real reason that attrition has dropped is because so many have already departed. I'm predicting that retirements at the end of this month will be much higher than the past because the eligible are already at or near the top of their potential CL and salary reference, therefore, they did not receive the double digit raises, especially since the majority of them were dropped to the bottom of ranking.

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Post ID: @sbe+1k6cpzEr

Money is the best memory erasor. The very vast majority can't deny that. Corporates know that and it one of their primary control tools.

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Post ID: @yiq+1k6cpzEr

Let me remind you - you are walking the plank in the dark - you don't know where the end is.

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Post ID: @orr+1k6cpzEr

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