Thread regarding ExxonMobil Corp. layoffs

39 replies (most recent on top)

@172 Imperial oil stock is not worth the same per share as XOM. It’s not 50% less, but still not equal if they only received 160 shares.

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Post ID: @19f+1kbg0wrez

@t8 how come 320RSU? I got same cl and same rank - only 160.
I thought these grants are accross the board regaress of country.

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Post ID: @172+1kbg0wrez

1% ranked outstanding the last 3 years. 😡😡🤬🤬😡😡
Stuck in Carlsbad the worst place in the US. Hard to keep working hard when I got such a terrible raise. It’s tough enough living in this 3rd world hel*hole without getting the shaft on my raise.

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Post ID: @16j+1kbg0wrez

@vs canada (IMO stocks)

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Post ID: @y4+1kbg0wrez

@t8 320? Seriously? I thought 26 gets around 160?

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Post ID: @vs+1kbg0wrez

Cl27 vg 0% raise

Third year in a row.

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Post ID: @tc+1kbg0wrez

CL26 - O - 6% - 200k + 320 RSU (40k) - Maple leaf land

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Post ID: @t8+1kbg0wrez

@pe

My post earlier was all merit. No promotion. 3 years in same CL ranked Excellent each year. Last 2 raises were around 7%.

“CL 25, E, bit over 9%. US based.”

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Post ID: @sj+1kbg0wrez

@pd $375K

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Post ID: @r0+1kbg0wrez

Executive compensation from 2020 to 2024. Nice to be an executive no?

https://www.morningstar.com/stocks/xnys/xom/executive

Executives shows executive data in a table format includes information on Key Executives, Board of Directors.

Darren W. Woods (60)
Chairman of the Board, President and Chief Executive Officer
$15,639,061 $23,572,488 $35,909,231 $36,919,898 $44,052,537

Kathryn A. Mikells (59)
Senior Vice President and Chief Financial Officer
— $13,886,702 $20,013,825 $18,047,556 $18,912,431

Neil A. Chapman (62)
Senior Vice President
$8,356,348 $15,128,366 $21,184,594 $21,915,442 $25,694,707

Jack Williams (61)
Senior Vice President
$7,949,308 $14,315,492 $22,221,894 $22,937,316 $25,401,63

Total Compensation for all Key Executives USD
$31,944,717 $66,903,048 $99,329,544 $99,820,212 $114,061,305

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Post ID: @pg+1kbg0wrez

ExxonMobil CEO Darren Woods received a significant pay increase for 2024, with his total compensation package reaching around $44.1 million, a roughly 19% jump from the previous year, driven largely by increased stock awards and a swelling pension value, reflecting strong company performance and stock prices despite some profit declines in other areas. His pay reflects substantial growth from earlier years, like the 52% surge in 2022.

Key Details of His 2024 Compensation:

  • Total Package: Approximately $44.1 million.
  • Increase: About 19.3% higher than 2023.
  • Components: Included stock awards (around $26.7M), bonus (approx. $4.55M), base salary ($1.97M), and pension value growth.
  • Realized Pay (Cash/Vested Stock): Around $17.6 million in 2024, up from 2023.

Context of Pay Increases:

  • 2023: His pay package rose to nearly $37 million.
  • 2022: A 52% increase to $35.95 million followed record profits.
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Post ID: @pf+1kbg0wrez

Need to post if your raise is a merit increase or merit + promotion (CL increase). I suspect some of the higher numbers being posted are for merit + promotion raises.

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Post ID: @pe+1kbg0wrez

@na What is your base salary for CL30?

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Post ID: @pd+1kbg0wrez

26, VG, 5%. Likely higher due to being on the lower end of the salary band (which is a key factor for some of these larger increases that tend to get missed)

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Post ID: @ne+1kbg0wrez

CL30
G rating
0% Raise
1200 RSUs
$45K cash

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Post ID: @na+1kbg0wrez

What I am about to say will upset people but oh well. I have seen an XOM USA-EXPAT job list with salary ranges by level and I didn’t see that many jobs that are $200K+ a year on the 800+ job list so what jobs do you have and how long have you been with the company to get to that level of base pay? I did find it surprising the top pay for some of the jobs that you wouldn’t think would be high paying such as a pipeline operations manager at $177 an hour.

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Post ID: @n3+1kbg0wrez

CL28
0%

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Post ID: @n0+1kbg0wrez

Guys include your country as well. It will give more context as to why the %

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Post ID: @mz+1kbg0wrez

CL 24, 19%, OwD

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Post ID: @my+1kbg0wrez

CL 25...2% this year. VG ranking. 1% last year.....

EM pathetic.

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Post ID: @mt+1kbg0wrez

You guys got raises?

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Post ID: @mm+1kbg0wrez

CL29, O, 2%

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Post ID: @mf+1kbg0wrez

CL 25, E, bit over 9%. US based.

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Post ID: @kx+1kbg0wrez

@a7 400k?

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Post ID: @kv+1kbg0wrez

CL25. Ranked E. Raise 8%

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Post ID: @kt+1kbg0wrez

@kb what was your ranking?

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Post ID: @kj+1kbg0wrez

@kb CL? Otherwise useless

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Post ID: @kd+1kbg0wrez

Double digits, non-HIPO

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Post ID: @kb+1kbg0wrez

CL 24, VG, 1.5% glad to be employed.

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Post ID: @jw+1kbg0wrez

CL27
Excellent
2.5%
Salary B Curve

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Post ID: @jv+1kbg0wrez

The annual yellow post it note festival

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Post ID: @jr+1kbg0wrez

@j8 wow, great motivation to work hard

Hopefully you’re near retirement

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Post ID: @jp+1kbg0wrez

CL 27, VG, 1.3%.

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Post ID: @j8+1kbg0wrez

@b3 thank you for your input

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Post ID: @dh+1kbg0wrez

@ad gross

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Post ID: @b4+1kbg0wrez

I see that many of the people who post on here are in a role that is on salary and I have to wonder why we have so many salaried positions. What benefit and value do they actually bring the company? I can say that the salaried people in my work group bring little to no value to the company so maybe that’s why they got a little raise. As the oil prices continue to drop it doesn’t make sense as a company to keep paying people to sit at a desk and do nothing all day.

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Post ID: @b3+1kbg0wrez

CL 24 and I had a 1.26% increase in my salary! Not happy about it.

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Post ID: @ar+1kbg0wrez

CL 27. Outstanding for many years in a row, $4k raise for 1%. The great prize for being a site lifer is you get to top out in pay while you watch people you teach to manage risk make more. In what world does anyone want to continue to work harder to be well ranked to get a 0% raise most years? Oh yeah, I forgot that I’m above the market pay band. I’d give a “good” effort if I didn’t have a soul and care about my people.

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Post ID: @a7+1kbg0wrez

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