Anyone else get the email about the discontinuation of educational matching Grant's and VIP changes starting in 2024? What a cheapskate!
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Nice to see Darren all over social media at charity events. Glad there is still corporate money to make him look good and provide a nice evening out for him and his wife but not enough to match actual donations out of the pockets of employees. Long live the king.
Y’all are blaming DWW but this is really the new leader of P&GA who has nothing else to show except cutting costs.
Sad to see this be cut. For years I have maxed out the contribution and match in both university donations and VIP grants for volunteering in my local community. It was a talking point when I was hired but like so many others is now gone. Remember talking points such as secure lifelong employment, education expense reimbursement, top notch health insurance, and your own office from day one? They’ve even quit paying tolls and mileage when you get assigned to work in the energy corridor or in Sugarland for a project assignment in Houston.
There seems to be no plan to get us back on top as a premier employer. Someone thinks we can cut and squeeze our way to the top. I’d rather see a vision to grow the pie instead of the current mentality of fighting over scraps.
ExxonMobil Foundation did not match gifts to college athletic programs. With this change, I will start sending my tax deductible donations to the athletic programs so I can get better season tickets. Previously, my donations went for engineering scholarships for low income and first generation students (with and XOM match). This will reduce funding for STEM, but I get better football seats.
If it is between giving money to some liberal institution or delaying the layoffs here at campus for another few months, I’ll take the latter.
We are are stopping the matching grants for the following reasons:
- Our employees are greedy and do not see it as a benefit to them
- Optics are not good if we are giving money to schools and getting rid of the pension
- Times are tough, we need to cut expenses
- Are you volunteering to be laid off so we can continue the grants?
- Why give money to schools when they want to transition kids and have drag shows?
- Don’t worry, we are expanding the school grants in China and India so they can take your job, they focus on education, not BS
- More layoffs are coming, we are cutting expenses to delay layoffs
- Our employees pay taxes that fund the schools
- If you think it is important, give your money, don’t call me cheap, you are overpaid, I’m not
- We want to give the minions something else to whine about
Seeing as the email was sent by DM of Public Affairs background, and the message is that XOM will only donate to causes that we can get a Public Affairs photo shoot out of it is clear what the goal is. The company is only willing to pay up if they can get some good PR out of it, not interested in helping universities or anything that adds to the culture or society.
@Xomalldownhill Do you mean 401k match freeze?
@ 1nvi this isn’t about your own education but donating to educational institutions and having the company match the donation, which has been a long-standing benefit and something a lot of recruiters will highlight as a way that EM gives back. Sounds like you could have benefited from it by staying in school a little bit longer.
That’s too bad. I’ve seen that used to help public primary and secondary schools. I don’t think it was highly utilized either. More a show of altruistic intent.
Let me see if I got this right, you go to a cr-ppy school like a&m or lsu, and then you want me to pay for a degree from a real and expensive school when you won’t even show up for work, then you want to complain how you are underpaid? You think I’m stupid? FU! How about you go to a cheap school again like you did when you were paying for it and pay for it?
Mo $$$$$$ to spend anywhere but the United States 🇺🇸
hold my beer territory
Why should EM pay for your secondary education degree when you will leave after 1 year? Get real. No participation trophy at this place. That’s why EM is swimming in dough.
The downstream cost cutting mentality will be his Achilles hill ultimately
Pretty cheap, but that will be nothing compared to the pension freeze.....