What are we seeing…
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9%
Close to 40k views for this thread. What’s the Chevron employee headcount these days?
Leaders don’t care about you or your contributions. Ride the gravy train.
@11f
Difficult to get promotion, so people get stuck at current grade.
Did they lower CO and that’s why so many are hitting 100% this year?
How does we know the CO?
Oil industry is not what it used to be, the value is no longer there, the importance of it has been diminishing for the past decade and is accelerating with the new energy and other high value companies/ products. Sure the world still need and wants more energy but a lot of it is now coming from solar and the oil price speaks for itself [ with inflation we should have been at $250$/bbl]. So expecting our salaries to go up is not in line with reality [most are getting top 10% salary anyways compared to most Americans]. We all want more money and be compensated better but the reality out there is something else. I think we are lucky if we can keep our jobs until retirement.
wow, this thread has close to 25K views!!!
@w5
They are greedy and act like it’s coming out of their pocket
@sx, what is your PSG? What is your %co? With 2 EEs you should at least get structure if maxing out the PSG %co.
@OP My wife in a government job got a bigger pay raise than me. She at least gets COLA and doesn’t have to fight tooth and nail to get it.
@sy Awesome congrats.. the increase looks to be on lower side seeing you got promoted.. but hey it's better than 99%
got surprised with a promotion (5%) and additional 4% merit increase.
@s8 Sorry to hear that your outcome was so poor. There are so many examples of truly unfair treatment of employees.
I can empathize. I haven’t had a promotion in 13 years. Had 2 EEs for ‘25 and have been consistently performing. I’m just so disgusted with this whole process. You work like a dog just to beg for scraps.
I truly wish I could just walk out tomorrow but family obligations prevent me from taking that risk.
@se that's pretty decent for 1 ME, 1 EE
PSG 22. Was at 106.5 CO. 3.5% increase. 17.4% bonus before 1.25 factor. 1EE, 1ME.
I got about 7% raise and 20% bonus. I am close to 110% CO if structure is 3%.
@s5
I am happy for you. I did not get a base pay raise nor the budgeted allocation of bonus. Anyone who gets the budgeted amount should be thankful.
I fell behind inflation this year and didn’t receive the benefit of the 1.25 multiplier for the bonus. I am the most experienced person in our team, I deserved a better allocation of the pay benefits.
I just hope someone in my team who deserves it got my share of the budget and not one of the useless pets that are friends with the LT.
There is too much favoritism in the pay structure.
I got a 4.95% raise. I was told structure was ~3%. That puts me at 100% CO. I got 1VC/1EE. I'm a little bummed but trying to be grateful as this is more money than I'd be making elsewhere.
Wait until March 1st and we will know how much % change was in structure
3.4% salary increase with bonus at ~20%. PSG 24 and CO this year got to 101.4. Was below 100 last year.
Little under 3% structural, 14% bonus — I’m a 22 psg.
Structure is how much the 100% CO in a PSG moved up year on year. What was that? Rating CO and discretion impact the employee specific raise, but structure raise is structure. I know it's at least 2%. I cannot tell if it was higher than that.
1.2% structural. 17% on bonus.
Idk my CO, but I'm sure it's on the high side as my boss was asking how long I'd been at this PSG.
Was told structural increases were to be small across the board, but now I'm questioning that.
I wasn't prepared for this small. The worst I've ever seen.
I got 7%
How much was structure this go around? I heard anywhere between 2-3%. Which is it? If structure was 2%, then what I got kinda makes sense. If structure was 3%, I got shortchanged.
@pa 153-192-230
just curious how much increae MW will get this year? it was 13% for him last year if i remember correctly.
@PA promotions are arbitrary even moving to a position in a range above and being over CO there is no guarantee that working harder will have any impact on getting a PSG bump. It used to help having support of your supervisor and manager above but it seems now psg bumps are decided at some higher level and by some unknown HR criteria. I would also expect the shift to the 5 point system to possible limit promos to only the highest tier and I would expect those in the middle to get no psg bumps or even much of raise since it’s now Pay for performance
I’m a PSG 22 and was told my raise was limited because I’m above CO. Can PSG 23s share what is the CO for their grade? Trying to think how much extra effort I want to put in for a potential promotion.
Close to 100% CO and gotten less than 1.5% for raise.
Guess I will just take it slow then.
1.3541%. Less than $50 per pay. I’d have appreciate a Starbucks card instead.
@jm, depends on what is "the market". We are paid on par with our supermajor peers. Our benefits are mediocre compared to our direct peers. If they lower the pay vs. inflation, outside opportunities become more attractive for those who want to work hard and get paid for it.
@jk I was given same BS last year, I deserve more but my supervisor couldn't give me more. Because I was above 100% CO .. someone need to explain me this sh-t
PSG26, +104 CO. Barely got 2%. Apparently “they couldn’t give more.”
Also told my ranking was expected in ME because I moved into a new role in the second half of the year.
Biggest BS explanation I’ve heard in a while.
@ed correct, I think from this point forward, everyone will continue with the same salary and it will only keep up with inflation, if we’re lucky. What I’m getting is that Chevron is trying to be in line with the market salaries, since we are “overpaid”. They will learn pretty quick how poor our work can be when we’re not rewarded properly.
@j9 once you got over your CO did the merit increases get smaller and smaller?
Looks like 2% merit increase is the average regardless of CO
1.9% psg 22. I have been at over100% CO for years and I have been told that PDC will look at PSG bump this year but no guarantee and PDC will only happen once this year
@f5 what does base CIP means. Isn't there a range for that ?