Double the profit and a 1.4…disappointing
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OP "disappointing" lol you're so modest in your expression, you're such a pacifist
keeping it all for themselves with that 75Billion buy back and increase in dividends each quarter. Lets see who are the majority share owners...execs, former execs, board of directors, etc.. how many shares do you own. a big joke with this CIP calculation
MW wouldn’t even spring for jelly of the month club.
This is BS! We made so much more $$ than last year. 1.5 CIP should have been a minimum. This feels like Christmas Vacation!
It's better than nothing, I guess. I mean, we are all just little cogs in a huge machine so we should be grateful for whatever scraps they throw our way.
Ok, CIP sucks, but the options I got during the pandemic are off the charts!
Well at least we can count on mgmt to always find a reason to ding employees. This is just proof, once again that you don't matter. Structure raise below inflation and now this?
Well, the Corporate factor is 1.4, just a little more than the 1.2 that was leaked over the weekend. I guess they felt they had to sweeten the pot just a bit. But have no doubt the real winners here are the shareholders and company C-Suite through massive stock buybacks. Way to go Chevroids, keep up the hard work in 2023. Maybe next time we’ll get that illusive 1.5 CIP. Take a lesson from this and don’t count your money until you get paid. The miserable salary action period is coming up shortly, literally!
It's spelled SIP this year.
@jhx+1. Nope.. Cost of living will be 6%. If you are at 100% CO or above you only get living adjustment. The more you are below 100% CO the more of a real raise you will get in addition to the living adjustment. So again, many who are not performing well are still getting rewarded.
CIP is 80% of what it should have been, guess I’m only gonna give 80% effort this year. Visionary leadership MW.
What a crock. Complete nonsense MW and BOD hides behind safety so he can pad the shareholder pockets while screwing the employees who made it possible for him to blast about highest profits ever. Also his handlers ... Wth ... opens his speech talking about how amazing financials were and then says our financials were not good when normalized ... So the results were amazing for the investors, but then when he has to pay the rank and file he says you all sucked. Can't have it both ways Uncle Mike. Smh.
They hold back our salaries with the new broken PMP system, and now they’re holding back CIP: this will definitely set the tone for 2023 for the effort I will give. Why push for exceeding expectations when you can be available contributor and get just as good or better of a raise with your lower in your objective
Shocking. Perhaps the structure will make up for it.
How can MW justify this? And this is not a knock or to make lights of fatalities as those are serious however, looking at the scorecard safety performance is one of three metrics in a category that weighs 25%, meaning it’s roughly 8% of the overall score this is beyond disappointing.
Some would say disappointing, but I think enraging is more accurate. Fu-k MW.