Record profits and a smaller CIP, guess instead of giving the rewards to employees they are giving it to themselves and shareholder with $75,000,000,000 buy back! Can’t wait to see Mike’s compensation, rich get richer!!!!
18 replies (most recent on top)
I thought Watson was a greedy mo-o, this d!ckbag puts him to shame.
@woc, what is the secret to getting on the other side?
@eee+1kXHTQyL i'd be glad to take your bonus off your hands into my bank account since you seem to be volunteering to not want your bonus.
Now quit ragging on the harder workinv top 1%, I'm proud to be poorer and take less for me and my family.
As long as MW is happy I'm happy.
So is my male lover.
Well have you just woken up to the rules of capitalism? Why do you think the rich keep getting richer....because they use hardworking people to make them richer by holding out the fictional carrot of capitalism...you can have the weath too.
It's the rule of the society we all signed up for didn't you know that when you signed on the dotted line....I know I did...accept it or you will become a very bitter person the carrot is truely fictional for 99.999% of the population.
This captures the feeling:
https://youtu.be/TQXuazYI_YU
https://www.reuters.com/business/exxon-chevron-paid-their-ceos-over-22-mln-each-last-year-filings-2022-04-07/
Cool Wirthless is making 20mil plus while the rest of us get dog sh*t! Awesome 🤩
@eee is right - we should kick Wirthless’s boots and be grateful for the opportunity. We certainly didn’t work hard through 3 years of layoffs, budget cuts, and increasing expectations just to share in the profits we created.
So many people with high expectations and entitlement! Why? Just because you work in a company that does not mean the company owes anything g beyond your salary and health benefits to you. Bonus/CIP, etc, is just to make you a bit more excited not a reason to whine about the amount of it. Be thankful for what you have and stop nagging like a baby.
Really sick of working my a$$ off to make MW and other wealthy execs even richer. All they had to do was go higher than last year CIP with record profits. 1.6 CIP would have totally changed morale & productivity & sense of appreciation, but they were too greedy to do it.
I don't know why people are saying fatalities impact CIP, plot them, there isn't any correlation between these two.
If we missed most of the targets, I assume the stock awards vesting this year for all the execs are going to be normalized for prices? Thought not. The majority, who don’t get these awards, are being scr$wed. Good luck getting any discretionary effort this year.
Tragic that many died or got hurt. But now we can calculate the cost of a life : (CIP if no death - 1.4) x (40 000 staff x $125 000 x ~0.15) / 5; and this all goes to the shareholders?
“Our financial results were better than plan, this mainly reflects last year’s high commodity prices.”
And then they wonder about this whole 'quiet quitting' thing...
Pretty good result really. Missed most targets.
Wait until you get your below-inflation raise. Paying (the shareholders) for (your) performance!
The good news: my level of cares and effort is now being right-sized for 2023! Chevron doesn't give two efs about me and that goes both ways!!!