With morale and company culture s—ing royally (among other things) how many here are working on an exit plan? And how many are actually waiting on severance to finally call it quits? Personally, I’m yet to decide which is the better option for me and my family.
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@sob+19ysGwnP You are NRE and will leave on your own before hitting retirement? I think that’s a great idea. It’ll save another person’s job and the overall intelligence of the company will skyrocket with your loss.
Bump.
My advice is to always consider yourself a consultant, lending your talents to your current employer as your biggest client, but mentally at the end of the day you work for you. This will free you from the burden of company culture, politics, etc. The consulting mindset will ensure that you are constantly 'looking' for more, bigger and better clients to lend your talents while continuing to nurture and build those talents because that is your true value. Since you work for you, there is never a need to develop an exit plan as long as you spend your time keeping the potential client pipeline full at all times. It has definitely worked for me....
Find another job and leave
Previous severance packages were not worth waiting for, why would future packages be better?
They figured out how many to cut to get CAPEX where they want it, and now oil prices are improving, so you could be waiting for another cut that may be years away.
Look up the fire movement. Don’t just aim to get out of XOM. Think bigger. Aim to retire by 40.
Yes looking to leave
Always have an Exit Plan.
Always have a current resume.
Always have some external networking, if only association memberships.
Always have hesitation when listening to managers and henchmen.
Always have 6-month income in liquid assets.
And always self-confidence and self-respect.
That's a give.
If you get a job quit right way. Don’t wait for package. This place is k–ler ( for last one year). If you think you are ok to work with 3 persons work load by getting 5 to 10 % more salary at Exxon, you can stay here. However, you might loose your job any time as their policy is send all work to cheap locations. Doesn’t matter what the oil price is. Supervisors / Managers target is to make much money ( stock, salary, bonus) as they can. They also know they will be fired within a matter of time. They are here only to increase their savings. No long term goal for anyone.
NRE, with 2 years remaining. Hoping for a package that will get me the Lump Sum option, but ducks are lining up for an exit in 3 to 6 months without the Lump Sum. Biggest deterrent to leaving is the health insurance question but my financial advisor says I'll still be in the high clover if I pay the full premium out of pocket.
The daily drudgery has been wearing on me for the past 2 years or so,...before Covid and the layoffs. Efforts to improve the workplace have been met with resistance for more years than that.
If you are "yet to decide which is the better option", you should call it quits. You are not a good fit and certainly not one to succeed in the XOM culture.
Exit plan. But less than a decade in, and more than a decade before retirement so...