Thread regarding ExxonMobil Corp. layoffs

Take PIL+retire or just retire?

I heard that a guy offered the PIL had a lawyer review the terms and there were some clauses in the PIL agreement which gave EM some rights to reduce or cancel his retirement benefits.

Are there any clauses in the PIL agreement which jeopardize your retirement benefits?

The guy I heard about simply turn in his retirement notice and skipped the PIL payments.

What are the terms of the PIL?


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| 2 views | | 9 replies (last 11 days ago) | Reply
Post ID: @OP+1ksv2athd

9 replies (most recent on top)

It is a lot of power to a Supervisor.

Supervisor can bias the 2 minute drills to favor his long term 7 friends and throw that new guy that transferred in 4 months ago under the bus. Can also drop anyone that the Supervisor sees as a threat.

The only situation where this is not possible is when a HiPo gets placed into a group. The Supervisor get a phone call or a face to face discussion not on the calendar and is instructed to place the HiPo at the top of his least, embellish the HiPos 2 minute drills, and to not mention any catastrophies the HiPo caused.

I once saw a Supervisor that had 3 direct reports put a very young id--t HiPo below the other 2 normal non HiPo directs and during the two minute drill explained his complete disappointment in the HiPos performance. That Supervisor got in a lot of trouble and dropped in the ranking for not telling lies in the ranking meeting. Integrity and honesty doomed that Supervisor’s career. I knew the HiPo and she was truly useless, but that truth is forbidden to mention in a ranking meeting for a HiPo.

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Post ID: @gy+1ksv2athd

@ce That’s a lot of power in the hands of the supervisor, and high levels of subjectivity (with the potential for abuse) seem built into the process.

If I were the company, I’d a least assign the employee in question to a different supervisor. This setup sounds like a lawsuit waiting to happen.

Is every oil company run like this, or is it just an Exxon thing?

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Post ID: @eq+1ksv2athd

Take the PIP. If you feel you will not pass the PIP. Retire before the 3 months are up. Taking PIL might mess up your retirement.

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Post ID: @ec+1ksv2athd

If you are RE and plan on leaving anyway, the smart move is to accept and pish away 2.5 months of the PIP, then retire.

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Post ID: @d8+1ksv2athd

Thanks for the warning HR OP. We are all trembling. Too scared to wait for my 3 months so I’ll just retire quietly without. You win.

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Post ID: @cn+1ksv2athd

@OP “A guy I heard about” is just the rumor doctor playing his role.

The best thing to do is consult a qualified legal professional. He or she should be able to address your question.

Do not tak legal advice from any of the bathroom-stall lawyers posting here.

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Post ID: @ch+1ksv2athd

@c5 when assessed as Needs Significant Improvement or NSI you are given two options:

  1. Attempt to complete and pass the Performance Improvement plan or PIP. This is a multi month plan (usually 3 months) where you are given tasks to demonstrate you have improved your performance. After the three months of tasks and coaching your supervisor decides if you have improved or need to be fired.
  2. Pay In Lieu or PIL is the other option and you agree to leave Exxon but are paid for an additional 3 months including benefits as if you were still an employee. At the end of the 3 months you receive nothing more.
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Post ID: @ce+1ksv2athd

what’s PIL?

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Post ID: @c5+1ksv2athd

Of course, existing retirees, have zero protection on reductions is certain benefitts like vision, dental, gasline discount etc. Only the items regulated by Govt are guaranteed (unless XOM goes into bankruptcy. Then nothing is guaranteed. He wasted his money on a lawyer. The only guarantee is to take the cash / lumpsum.

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Post ID: @a3+1ksv2athd

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