Thread regarding ExxonMobil Corp. layoffs

Name one employee benefit that has improved over the years

I can’t think of a single benefit that is better now vs when I hired

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| 2428 views | | 20 replies (last May 13, 2023) | Reply
Post ID: @OP+1muumTl8

20 replies (most recent on top)

The dividend continues to increase each year is the #1 benefit.

As one former employee said, "It is better to be a stockholder than an employee. The stockholders are treated much better than the employees."

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Post ID: @7wbe+1muumTl8

Durwood’s total comp package has skyrocketed, also the comp of the board members.
That’s the only benefit for employees that has improved.
We are all in this together

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Post ID: @6sue+1muumTl8

People referencing the stock price realize that non-employees are allowed to buy shares too, right?

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Post ID: @5gvf+1muumTl8

If one had invested $10,000 in XOM shares on April 20, 2020, that money would have grown to $31,363 on May 8, 2023, including dividends.

Essentially, in slightly more than three years, this investment would have tripled the amount invested, with a total return of 313%.

This performance has been even better than other S&P 500 heavyweights such as Apple, Inc. (NASDAQ: AAPL), Microsoft Corp. (NASDAQ: MSFT) and Meta Platforms, Inc. (NASDAQ: META)

There are only two other mega-cap stocks that can outperform the tremendous gains that Exxon Mobile has shown over the past three years.

A $10,000 invested in Tesla, Inc. (NASDAQ: TSLA) on April 20, 2020, would be worth $34,532 today, whereas the same investment in NVIDIA Corp. (NASDAQ: NVDA) would be worth $40,753.

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Post ID: @2nib+1muumTl8

Most impactful benefit in the last three years.

When our stock was trading for $32 USD per share in 2020. In 2023, the share price went as high as $119 USD per share.

If you purchased stock in 2020, and sold the stock in 1Q2023, you could have quadrupled your retirement portfolio.

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Post ID: @2qhh+1muumTl8

And please note that admins STILL don't receive any prior experience vacation credit; even those with 30+ years supporting executives. It's grossly unfair, like most things at the company.

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Post ID: @2iks+1muumTl8

The decrease in tail strutting through the offices.

It was probably the Top 3 reason I came to this company. Like whoa!

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Post ID: @2mrn+1muumTl8

I didn’t get a benefit in the past so we shouldn’t give it to people now.

Sincerely,

The embodiment of why America can’t have nice things.

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Post ID: @1kyo+1muumTl8

The parental time off change just makes things worse as I didn't beenfit from it and I have several kids. The last one was born a few months before the cutoff date. I got jack squat nothing for parental leave for each of my many kids. It used to be up to your supervisor and the most generous I ever heard of was 5 days.

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Post ID: @1bqx+1muumTl8

Paid parental time off

Ability to work from home

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Post ID: @1xit+1muumTl8

So why are you still here? Unemployable is the reason. So consider that you, an unemployable complainer still gets a paycheck - that is a huge benefit.

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Post ID: @1gik+1muumTl8

Health insurance have been going south pretty consistently in the last few years.

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Post ID: @llu+1muumTl8

Working From Home is much more widely accepted in my business line than it was when I started.

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Post ID: @kyv+1muumTl8

the coffee machines are pretty good

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Post ID: @ytf+1muumTl8

RSU program has been extended
Experienced hires get prior credit towards vacation past the 10 year cap

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Post ID: @qub+1muumTl8

More jerks telling you they know what’s best for your career aS they micromanage you for their own benefit.

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Post ID: @uyv+1muumTl8

Paternity leave

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Post ID: @hxh+1muumTl8

@OP What’s stopping you from quitting?

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Post ID: @kls+1muumTl8

less coworkers

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Post ID: @ktv+1muumTl8

Neighborhoods vs private offices
Unlimited education reimbursement vs caps and limited approval
Past expat benefits vs current limited benefits
Reduced expat premiums
Reduced expat benefits
Less generous health insurance
Less training
Less upward mobility as organization cuts headcount

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Post ID: @xcs+1muumTl8

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