Very disappointing CIP. Looks like MW will be keeping most of the major money for himself. After all he has put his employees through this is all they give after a major year. I guess they think cuts and who knows layoffs are the big rewards!
21 replies (most recent on top)
MW = Expects More
@ qpp: 1.4 is not a great bonus after a year of record profits and so much free cash that we don’t know what to do with it (i.e., record stock buybacks).
Take your crumbs and like it, serfs.
@qpp is either current management or brainwashed high-pot. "It coulda been worse" is never a good explanation.
With management now handing out stock options to a few select <26 psgs, (mostly nepo babes and their ilk), not surprised they are sticking it to the rest of us
@qpp Who's the chairman of the board? We all know who the cheap skate and hater of employees is.
@qpp Must be one of the executives. We might work for the shareholders but they aren't gods like they are treated in our country. We need to get back to employees and customers mattering in our country. Its a poor bonus considering 75 billion in share buybacks and a divided hike after all the cr-p this company has put us through with layoffs, more work to do and more cuts. I wish we could get new management here.
- We all work for the shareholders. There is never a time more evident of that.
- The board approves & decides bonus payouts.
- Remember when others lost 401k match, didn’t get bonuses, or even took a decrease in pay. We should be grateful.
- 1.4 is a great bonus. There will be a crash sometime in the future. And we will still be better off than compared to others.
Welcome to Palookaville.
Are we just trying to mimic American Lampoon's Christmas Vacation?
@vgl Yeah its time to change up the system. This one is broken.
just keep in mind, the board's job isn't to keep EE happy. when they say sh-t like work life balance and compensating and rewarding performance it's just a propaganda to herd the sheep
This is true American Freedom so you need to be quiet. In America you work hard to make sure the elites get major bonuses and hope they are generous enough to give the peasants something. MW was very hungry this time so we got the crumbs but thats good enough for us! 'Murica!!!!!!
The money was made by all of the employees but why they got the right to determine how to distribute it on their flavors? simply because they are the board???
Hey you lay off of Daddy MW, we need to praise them hard working wealthy elites.
If you ain't spreading them cheeks for MW and thanking him, you ain't g-y enough. 👉
We went to work as essential employees during Covid as many sat home.
We were threatened with our job if we didn’t get vaccinated.
We stood quiet when Shell and others gave mid year raises/bonuses knowing mother Chevron would take care of in the end…
Boy did they really show their appreciation to the ones who made them record earnings. Will be nice to see the stock options exercised at the 180+ last week.
Chevron culture today is a bunch of self centered id--ts who have taken on the personality of MW.
MW looked HAPPY to say there were fatalities. because it gives him the best excuse to not reward people that had nothing to do with it.
This was the last straw for many of us. There’s going to be many looking for opportunities elsewhere
I guess he doesn't care about morale except for the shareholders. He destroyed it with his non stop layoffs and cutting and then does this.