Honestly, I am a “defender” of P66. I can’t “defend” the comments by others like you reference - the “stop whining or leave” type comments - this is too much. I also have a lot of complaints, especially recently, and I agree with most people on this site that Phillips 66 has made a series of very poor and short sighted decisions lately - -many of which have devalued morale and pay.
But, to answer your question. The real defenders of P66, the people who still have the best attitude, are the people who worked somewhere else before coming here. Phillips still has most companies beat in many comp and benefit categories. We also have new activity and acquisitions/build to give us new issues to work. We are not stagnant as a company.
It su-ks that success shares are gone - this is clearly only a negative for every employee - as it means less pay. This is not a positive change.
But a person who came from other industry (6% 100% match, no success share) has the perspective that our current 401k match still exceeds their former employer.
Public accounting, for example, is a variable match depending on year. So, you may get 20-35% match of up to 6% contribution. This is horrible compared to even our “scaled back” current program.
The point is, a long-term P66 employee compares to what they used to have. This comparison is depressing, as a lot has been rolled back and not replaced by something better. An experienced hire has the perspective of being somewhere else. It is easier for them to see the positive comparisons p66 presents.
My hope is they management wakes up, stops with the outsourcing and allows for reasonable resources. I
Recent history says this wont happen, but I hope!