Thread regarding ExxonMobil Corp. layoffs

Serious discussion on salary treatment

Given average is 4%, what are your thoughts? G, VG, E, O average?
Only serious discussions. No BTC/KLTC/outsourcing/pip discussion, please.


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| 3382 views | | 9 replies (last October 14) | Reply
Post ID: @OP+1k7cq3ntm

9 replies (most recent on top)

The reality is, it depends where you are in the curves and HR has latitude to encourage/discourage in addition to where you landed in the rankings. Two years ago I was NI, but received twice inflation. True story. It's a long game up to your final CL level with volatility year on year.

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Post ID: @jn+1k7cq3ntm

I will get the same as last year zero. I am a few years from retirement and nre. There is no reason exxon will give me anything. Exxon us doing this purposely as they are trying to drive us out. I am done with exxon and leaving asap.

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Post ID: @g1+1k7cq3ntm

It depends on more than just rankings. While that's a good starting point if you're up against the max on your salary band and you are NRE or close to it then you can be O and receive nothing unfortunately. If you're early in your career you have a higher chance of raises

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Post ID: @fz+1k7cq3ntm

@b4 Just remember, what goes around comes around.

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Post ID: @bd+1k7cq3ntm

@at it’s a hunger game. You chose to participate and nobody needs to show sympathy. Speaking of sympathy, I better show it to kids in war zone.

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Post ID: @b4+1k7cq3ntm

It depends on your job family. Upstream always gets more than downstream.

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Post ID: @az+1k7cq3ntm

It’s difficult for colleagues and coworkers around the world, who are facing potential termination, to have much sympathy for your salary treatment concerns.

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Post ID: @at+1k7cq3ntm

Avg is most definitely not 4%. 4% is the budget (4% of SWB for a function can be spread out to that function). So of that 4%, NI gets 0%, G gets less than inflation, and then up from there. O typically gets most but depends on % against salary band. I know lots of O who got basically 1% or less last year because they are up against band and need a promo to get more.

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Post ID: @aa+1k7cq3ntm

Same as it’s always been. G gets 1/4 of inflation, VG gets half, E gets inflation, and whatever is left goes to O.

There’s no way to win this game when they are actively working towards a headcount reduction target.

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Post ID: @a5+1k7cq3ntm

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