I see that most expats in the US from the other countries are not "must moves" in this ROM. All of those, whose positions are open can apply for any jobs they want. In fact several of their jobs are protected, while many US employees have to reapply for their own jobs. As a US citizen and shareholder I am appalled at Chevron management's lack of responsibility. First of all, they would prefer B1 visa holders over US citizens. And second of all, they would rather pay the big expat allowances to those people while Chevron is bleeding cash instead of protecting the jobs of US citizens. Bunch of imbeciles managing the company!
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Chevron is debt ridden. It is borrowing heavily to keep up with its dividend commitments. On top of it, it is also incurring extra debt by paying the expats in the US unnecessarily. The people who will suffer in this process are shareholders and US employees. Olw summarized it well with his rhetorical question. Fiscal responsibility is non-existent in Chevron.
High job performance is your key to riding out these turbulent times. Do your job well and you won't have to worry so much about what others are doing. Chevron is a global company, thank heavens, and has many, many exceptional people on all payrolls. The US does, particularly GOM/DWEP, seem to be a particularly endemic population and in need of exposure more diverse co-workers and ideas to improve performance just to stay in the game. If you have worked the Gulf more than half your career, you are probably getting pretty stale in your thinking. Go find an expat and learn a thing or two about other basins, developments, ideas.
Ugl, not just the excessive expenditure for your arrogance but your lack of management and poor decisions. Don't underestimate , there are excellent people all over the world , you are the poorest in the expat world.
Ugl must be one of the idiots that waste other countries' money in rent, cars, drivers, maids, private schools and luxury vacations. You expats are the dead wood that drove Chevron to this situation .
@GsnVNlO-olw yes, but every married U.S. expat overseas also gets a $10,000 spousal allowance, and if you are an expat with a working spouse who has to stop working and put their career on hold so the family can go with you overseas, then $10,000 is not too much.
I have to agree with Ugl. These 3rd world morons couldn't find their foot with a flashlight, yet we are being herded out so they can take over and blow the place sky high. Chevron will see some short term gain from dumping us, but when the overseas operations go boom, they will wish they had kept at least a few people who know what they are doing.
I wish them well, but see problems looming.
@bmk. That works both ways. US nationals in foreign countries also get the spousal allowance. Some countries have pretty strict work requirements, so sometimes US people are not allowed to work in another country except for very specific skills.
One thing many people are not considering is that some foreign expats in the US either are lower PSG than the US-equivalent, or their home country PSGs pay lower than the US dollar equivalent. Otherwise, they would not get such "generous" allowances.
I'm all for returning expats back to home countries, but it works both ways. The company sometimes have requirements to have a certain number of foreigners in the US so they are allowed to have a number of US expats overseas. @ugl has the right idea, though the message was presented a little mean spirited. I'm sure the locals think the same of the US nationals overseas as US nationals view the foreigners here. Everyone else sucks but us, knock everyone else down a peg!
What a load of drivel! You people have no idea how being an expat works. You cant live and work as an expat on a B1 visa, it is just for conducting business, aka business trips while still living in there home country. We need to be on L1 or H1B visas to be able to live and work here.
Secondly, expat salaries are typically a lot lower than a US technical employee as we are on our home country payroll, yes we get lots of benefits (housing, spousal allowance etc) but if you actually bother to do the math you would find that with these included the total cost of an expat is still equal or less than the cost of a US salaried Petrotech.
Lastly, the arrogance of some of these comments is laughable! "US soil dosnt need a foreign national for expertise!" what about for specialized knowledge of operations or conditions in that country, and by the way the US is not the be all and end all when it comes to education either, in the UK you can get a degree in 3 years and a masters in another year, and come into the industry with specific training relevant to the oil industry, whereas in the US it take 4 years to get a degree, 2 more to get a masters and then tend to be much more research focused rather than vocational when you come to work. Diversification is a good thing, we should embrace it rather than turning on each other when things get a bit rough!
What's another few billions of loan for Chevron to pay for the dividends and the lavish lifestyles of expats in US. Fire a few more US nationals.
In January every married expat in the U.S. gets a $10,000 "spousal allowance"!!
Ugl hit the nail on the head. He or she is exactly right that the governments of foreign countries stipulate that a number of their nationals must be developed in the US and a certain number must be in high management positions. It is all part of the deal that CVX has to agree to in order to have its share of the oil in these foreign countries. It is non-negotiable.
Non-US expats are in the US because of some underhanded... Or openly blatant... Agreement with the expat's home country. You're damn right that US soil doesn't need a foreign national for expertise... In any discipline. The best revenge you can get is to use your American ingenuity and skills to run circles around that person. Easy.
Now on the other hand, US expats are in 2nd and 3rd world countries to keep operations afloat. I'm a US citizen living as an expat in a crap country with a sub-100 IQ population, and I can guarantee you that operations would stop with out us here.
Chevron is a US company. Please don't confuse real expats with compliance-enforced foreign expats living in the US. Use your job performance to expose those scum.
Ksn, thats outrageous. Chevron should be ashamed of itself. This should be exposed to the rest of the investment community.
Off topics - I knew of two expatriates from other countries working in HOU140 holding B1 Visa. One had 6 children all receiving Chevron $$$ educational assistance and annual home-leave benefits (business class ticket flight back to the other side of the globe). Another expatriate who is clever and frugal enough, he was able to use the monthly housing and utilities HUE allowance ($4200 a month) to pay the mortgage for a house in Woodland.
Absolutely true. We have had to cut costs and projects left and right on my team but we just got an expat??? Shameful. Gotta develop those expats!
How do you see this?