What's the difference if they are not the same. If I have the option of both ETC and ITC?
8 replies (most recent on top)
Anonymous180051, no. Typically an SBU GM will make more than someone in S&T, midstream, downstream. There are a lot of individual contributors in ETC that are even higher level than GMs though.
Related question. Is a GM in ETC, ITC or a BU at the same PSG? i.e. is the GM of an engineering function more or less valuable than an IT GM?
Correct, the psg ranges are the same throughout the organization, except I do believe the non-exempt ranges vary by geographic location. If you transfer across country your salary will remain the same (assuming the job is the same) but if a non exempt person in California transferred to Houston, I believe their salary is adjusted downward as their psg range is lower. I believe this is for ranges 16 and below.
Anonymous179156 - NO. Totally wrong. PSG 25 is PSG 25 unless you fall into the Petrotech category as explained below. "I don't think" does not matter one bit to anyone but you. The top and bottom of each PSG is the same for every grade. IT, FE, Earth Science, etc.makes no difference. Now where you fall within that range depends on the employee. Your opinion about the value of a certain role to chevron has no bearing on their CO either.
Anonymous178490 - Petrotech supplement is supposedly being cut / done away with for 2016. Another effort to pay the dividend at the employees' expense. Just like 401k match that will supposedly be reduced / done away with for 2016. Those two make up a nice chunk of the compensation package for many younger/mid-career folks who will not be happy to loose 15-20% of their compensation.
Anonymous178482 - I don't think that a PSG 25 in ITC would make the same as in ETC unless they have the same function. An IT person would not make the same as an engineer.
x% CO of a specific PSG is the same across the board; however, if you're a petrotech, there's a bonus associated with it (i.e. 8% in addition to your salary this year). not sure there are any petrotechs in ITC...
Each individual's pay is based on each person's performance and the expectation to get promoted. So if there is expectation that someone will be promoted faster and performance is high, the increases each year is higher. The goal is that by the time the individual goes through promotion, they are close to 100% competitive objective. Generally speaking, the salary ranges for all PSG across all functions are the same within the same payroll currency. The cost of living component however is dependent upon the geographic location. This was the philosophy a few years ago when I was a supervisor and I can't imagine that it has changed any.