Thread regarding ExxonMobil Corp. layoffs

Management is still receiving bonus. I thought Exxon was cutting cost. This is a joke

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| 5238 views | | 23 replies (last September 30, 2020) | Reply
Post ID: @OP+17a8eZXd

23 replies (most recent on top)

This could be the last cycle prior to the new cycle starting in Jan. Not all companies had been aligned on Jan 1 salary increases yet. So some are getting raises from the previous cycle still.

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Post ID: @2msz+17a8eZXd

@2xrx+17a8eZXd

Is that the second raise you are getting this year or your salary treatment is in September?

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Post ID: @2ebt+17a8eZXd

I’m afraid that I can believe that executives, senior managers and many supervisors will be awarded raises, for achieving their goal of 8-10% staff reductions. It won’t matter how unfair, unethical, or potentially corrupt the process was, they’ll just see the result and regard it as a job well done. Bstrds!

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Post ID: @2rcq+17a8eZXd

Raises are happening this year for some. If you are a minority’s yes man, you will get a raise. I was drinking with a coworker, after a few shots of bourbon, I confessed to him that I get a 6% raise in September, he complained and said he only got 5% in August. He is a nice black guy but dumb as a box of rocks as they say down here. He is a cl28 or 30.

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Post ID: @2xrx+17a8eZXd

Pay in 2021 will be frozen - same salary you have as of December 2020

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Post ID: @2vqo+17a8eZXd

@1kgd+17a8eZXd

Effective 1st pay cycle in oct.
A little less than 2% raise

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Post ID: @1tdk+17a8eZXd

@ @1kwg+17a8eZXd

Is your raise for 2020 or 2021?

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Post ID: @1kgd+17a8eZXd

@1msv+17a8eZXd

“Ohhhhhhhkay” whatever you need to keep telling yourself.

Multiple 1:1s are being setup so that raises can be discussed. But hey I got my raise.

What do I know

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Post ID: @1kwg+17a8eZXd

You are wrong, 2021 raises if any wont be communicated till mid December with effective date of 01/01/21.

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Post ID: @1msv+17a8eZXd

@ 1uvh+17a8eZXd

No,you’re wrong. 401k match not coming back anytime soon.

Supervisors started communicating raises last week to the select few and was told to keep it very tight lipped to reduce uproar.

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Post ID: @1byo+17a8eZXd

This ie not true. They will bring the 401k match before they give anyone raise. Zero salary treatment in 2021

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Post ID: @1uvh+17a8eZXd

It is true.
CL28 and above will get their performance stock bonuses on top of yearly raises.
CL15 through 27 who ranked exceptional and exceptional with distinction will receive their yearly raises.

Location: USGC Manufacturing Site

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Post ID: @1mrb+17a8eZXd

“Personally, I don’t mind our high flyers being able to wet their beaks with that tasty bonus money”

  • nobody
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Post ID: @1oll+17a8eZXd

This is fake news. Nothing has been confirmed here and this is typically decided in mid/late october.

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Post ID: @1kwp+17a8eZXd

tHIs iS huGe iF tRue

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Post ID: @1enp+17a8eZXd

Is this true? What a slap in the face.

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Post ID: @1yif+17a8eZXd

This company would be so much better if the current, lackluster management wouldn't turn on their computers and would be shown the door instead.

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Post ID: @1raa+17a8eZXd

@ytd+17a8eZXd and then they end up behind bars /paying out back like enron

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Post ID: @wgn+17a8eZXd

Poor grandma needs the dividend. More like a lot of people with huge RSU awards are getting millions of dollars from dividends on supposedly “restricted stock units”. They are just paying themselves out before the company shrinks / collapses

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Post ID: @ytd+17a8eZXd

How do you know this?

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Post ID: @npd+17a8eZXd

Golden Rule: Them with the gold make the rules.

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Post ID: @xte+17a8eZXd

You also believed them when the said maintaining the dividend is about helping retail shareholders?

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Post ID: @dol+17a8eZXd

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