Someone has the newest pay scale and ranges? The avg raise was 2% this year, so should I just scale 2024 numbers ?
32 replies (most recent on top)
I got 3 with LTIP what does it mean especially with layoffs around the corner
@k7+1 I 100% disagree in with the company sending jobs overseas, as opposed to finding ways to keep costs down and keep Americans employed. Rockerfeller is rolling in his grave as what Standard Oil of California has become. Do I think executives need to consider taking a hit in their income before crapping on their employees? Absolutely. A good leader puts those under him/her first. Without those under him/her to lead, he/she would not be in a leading position. As you mentioned, many things are supposed to be tied to inflation, but I cannot think of a one that has kept up with it. The reality is that no amount of whining will fix that just like no amount of whining will make CVX raises on par with inflation ... ever. Our life is finite, just as our energy is finite, so imagine if we focused our energy on action vs inaction during our finite life. Whining is inaction.
@k6+1 Don't be scared to get your hands dirty if it means putting food on the table for your family, Mr. White Collar. LoL
@jh+1jmn5phkw
Raises are typically tied to core inflation (inflation of prices minus food and energy due to volatility) across many companies, including the federal government wage increases for including social security, but yes, they rarely keep up with real inflation rates. Did you know the folks in BA get yearly increases in the 25% to 30% range? and even then some people leave Chevron for jobs at other companies. Only to return 2 to 3 years later at 100% increases over the pay rates they left Chevron at previously. In my opinion people have the right to expect pay raises each year. The Executives all get paise raises year over year.... Yet they lead us into reorganizations every 5 years. I read once that doing the same thing over and over again and expecting different results is the definition of insanity. Yet, the leadership takes us down a similar path over and over again proposing the expectation of a different outcome.
This time the dance is about replacing US based employees with employees located in lower cost countries. This plan will continue until there are very few employees left in the US. Remote sensors and robots roaming the production fields and refineries. eventually there will be no one left in the US to pay for the products we make and the stuff sold on Amazon. Interesting we are experiencing the early days of the decline of the American empire....
@k5+1 “plenty of jobs available” lol have you looked at the job market? Especially for white collar roles? Clown.
Nobody is trapped, bruh. And yeah, you actually can simply quit the job and find another. Plenty of available jobs. He-l, you can even move to a tropical destination and rent jet skis for a living. Lots of options, but you choose to look at it through whatever lens you desire.
I’ll tell you who I am: somebody who is fed up with the bull💩 they keep feeding us. At what point do we hold our so-called leaders accountable for getting us into the mess we are in and feigning outrage that the worker bees aren’t delivering? I have busted my a$$ for years delivering, and I expect to be compensated fairly. This year and last year were absolutely laughable raises. For reasons I won’t get into, I cannot simply quit this job and find another. I hope that MW and the rest of these useless wastes of space get to feel what it’s like to be trapped in a job without the resources to get out of it.
It has always been silly to me when people think raises should correlate to inflation. If inflation goes up 9%, you think you're entitled to a 9% raise? This is a business, not a charity. The construction crews, rig crews, etc who perform the work for us in the field get tickled to get a 50 cent or dollar an hour raise (~$1,000-$2,000 increase per year) and many of you cry why you don't get a raise that matches inflation. I got a $6,500 per year raise, which roughly equates to $3.25 per hour equivalent. Who am I to complain when people work much physically harder for much less? Furthermore, who are you?
I always get promotions and big pay raises because they know I’ll walk
As explained to myself many years ago, if your above the CO of your grade and are not happy with your pay raise.
Then get your a-s promoted, justify being better paid.
That piece of advice served my well for the remainder of my years with the company.
They changed the algorithm a couple of years ago. Now if you are above the CO your raise, at best, will equate to the structural move. Three years ago I was at 107% of the CO and after high performances (3EE a year) I’m just under 105%. What’s the point of working hard to get a good rating then?
@fe+, That's because you're literally the definition of a pathetic Butthurt Loser.
I’ve received 3 EEs for several years in a row. This year my raise was barely over 2%. This doesn’t even cover inflation, so in essence I am making less than last year. I wish I could say f**k this place. I hope MW and the whole lot of these greedy b4st4rds go to h3II.
@aw+1 How are you a PSG 25 and not understand your raise was 4%? 2% Structure (given across the board to everyone... + your 4% merit raise) And you thought that inflation would have any effect on the Merit Raise portion?! It's been well discussed that the Structure portion (wish compensates for cost of living/inflation) was only 2% this year? Got news for you... at PSG 25 and you don't understand these basic concepts, ya gone in a few months.
Troll. why do you guys respond to phishing?
You know it's called a 401k, right? The k is part of the name and no one except you leaves it off.
1EE, 3VC, 6%.
4 EEs, not even at the midway point, received less than 8%...im done.
Even if you get $12k bump, (1000$ per month net), with taxes and 401, your net take home is not that impactful with current high prices.
3 EE, <100% CO and a bit over a 3% raise. Cool!
At least after the reorg we can free up capital to slightly expand the voluntary buyback program by a single digit percentage. Now that's an epic win!
3% w/1 E. Was told I would have more E’s any other year but the directive was to not hand out exceeds. Reading these comments, I got hosed.
Why the downvotes for the 6% raises?
@aw+1jmn5phkw you are probably sitting at a PSG 24 salary that too mid range.. just have PSG 25..
I got a 6% raise as a PSG 25. Interesting the average was 2%... with inflation I thought it would have been at least 3%.
Got LTIP. Which maybe useless if they fire me. damn.
I got an 8% raise. 3 EE, 1VC
Structure moved 2% or do. Individual raises are much more nebulous, but the biggest factor I've seen this year is whether you are at or above CO. If you are, your raise probably su-ked.
Most people gave back money to the company, that’s just how we are, looking out for one another
I got 6% raise. I thought that was average. Anyone else?
2% average raise, yikes!
Yes, scale 2024 numbers please, then post them here
Who are you ? BP trying fire your and hire Chevron employees?