Record year. Many peers like COP have paid in the past factors of 1.7 or 1.8. Would we follow suit? Kmon Mike!
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between 0.75 - 2.25
The multiplier will be 1, meaning you get to keep your job for now. Some of you should not count on being here to see the next year’s CIP results.
@8fwk; guaranteed place in he-l for you
I figure when there is a fatality there is more bonus for the rest of us. Hunger Games and all that.
fatalities... sure. fewer the better, zero the best. but why punish the whole workforce that had literally nothing to do with it. This mechanism of determining corporate multiplier feels sometimes like an excuse mechanism to not reward employees. When there's a fatality, maybe the execs shed a tear on the outside, but on the inside cheer for a good excuse to not pay the workforce what they should be rewarded for their work that had nothing to do with the fatality.
Calm down y’all. The year end numbers aren’t even done yet. The books are barely closed. No the board hasn’t met. If you want to mathercise and play armchair board member to keep yourself entertained until CIP factor is actually announced, read the 2022 proxy to see how we were graded vs the scorecard last year to arrive at 1.5. Fatalities are only part of the operational and personal safety category worth 25% of the total score last year. Besides, the proxy is always entertaining reading to find out how much the named executive officers make, how much we paid to relo them to Houston, if there are any nepo babies, etc.
Yeah, the 2.0 corporate multiplier on the CIP sure is nice. But don’t go spending it all too quickly. Come April 1, your salary adjustment won’t be as generous. Chevron gives with one hand and takes with the other, much like government or God does.
With record year on revenue and fatalities. It is 1.5. However, the board approved a special adder and is adding .5 special achievement. Therefore it is adjusted to 2.0. Congratulations Chevron. Enjoy your money.
we all know management values efficiency over safety. if you believe differently you are subject to discipline and retaliation.
Just like “Deal or no Deal”, the “banker” wants to pay as little as possible! You will get their crumbs though. Enjoy!!!!
There's nothing MW hates more than giving the employees money. Gotta save that money for the stockholders and management bonuses. 1.2, blame it on the fatalities.
@ 1dnc. I think your comment just shows that you are not part of the company. After working hard why should tour bonus be affected by something happening in another department, other BU? I get the intend, that we all make efforts towards safety, but it may be 100% unraled to whatbyou do. We can expand it even further and say that if other company has a fatality we do not get a bonus. To me is the same. Completely unrelated to my work.
The fact that there has been fatalities should set the CIP factor to zero.
The uncaring attitude of so many on this site just demonstrates the shocking greed of the management and all the woke millennial that now populate the company
Why so greedy? Think about the shareholders. 1.05
the fatalities are just a cost to do business for management. no need to waste money on safety.
- 2 to 1.3 max due to fatalities
No one knows realistically. Why even speculate?
gotta be better than a 1.5 since that’s what we got last year. I don’t see higher than a 1.75 given the fatalities.
I can’t see past a 1.4