https://www.linkedin.com/posts/exxonmobil_yesterday-we-informed-our-us-employees-activity-6816807091852873728-pKKR
6 replies (most recent on top)
This won’t stop the exodus of top talent. Those with marketable skills realize more pay, better culture, legitimate work life balance and more are readily available - Pandora’s box has been opened for those willing to look externally.
https://www.linkedin.com/posts/exxonmobil_yesterday-we-informed-our-us-employees-activity-6816807091852873728-pKKR
Yesterday we informed our U.S. employees that ExxonMobil will reinstate the company’s 7 percent matching contribution to the U.S. savings plan. Following is a summary of a letter sent to our U.S. colleagues:
“ExxonMobil’s success is based on the talent, ingenuity, and hard work of our employees. This past year has been challenging both professionally and personally, and your resilience and focus on improving the competitiveness of our company during this unprecedented period has made a significant difference.
Thank you for your hard work and commitment to our company.
Improved industry prices and margins are expected to have a positive effect on our second quarter results, building on the first quarter which returned us to profitability.
Effective October 1, 2021, we will reinstate the company’s 7 percent matching contribution to the U.S. ExxonMobil Savings Plan and Supplemental Savings Plan. We are pleased that improving business conditions and company results allow us to reinstate the company match.
Your commitment to ExxonMobil’s long-term success is recognized with challenging and fulfilling opportunities, professional growth, and compensation, benefits and programs that support you and your family throughout your career and into retirement.”
Melani Clifton
I am so grateful to work for this company. I was an experienced HR manager hire over 20 years ago and have had an incredible career that I am still proud of today. It pains me sometimes to see others bash or doubt the company I love and frankly refuse to stand for it silently. This company has been so good to my family and as I sit across from campus from my apartment looking at the beautiful view of the cube, I reflect with gratitude. I am nearing retirement years, building a home in another state and close to work for my remaining work and committed years. Professionally, I am involved in the greatest work of my career yet. ExxonMobil is leading the way in carbon capture. Environmentally astute and committed. Continuing to meet energy challenges of the world. I am proud to be a part of it. Attitude of gratitude and committed to a future to be proud of. #energy
Like Reply 12 Likes
10h
Oluseyi Adebisi
What a great and employee friendly Company. Kudos.
Like Reply 3 Likes
https://www.linkedin.com/posts/exxonmobil_yesterday-we-informed-our-us-employees-activity-6816807091852873728-pKKR
Yesterday we informed our U.S. employees that ExxonMobil will reinstate the company’s 7 percent matching contribution to the U.S. savings plan. Following is a summary of a letter sent to our U.S. colleagues:
“ExxonMobil’s success is based on the talent, ingenuity, and hard work of our employees. This past year has been challenging both professionally and personally, and your resilience and focus on improving the competitiveness of our company during this unprecedented period has made a significant difference.
Thank you for your hard work and commitment to our company.
Improved industry prices and margins are expected to have a positive effect on our second quarter results, building on the first quarter which returned us to profitability.
Effective October 1, 2021, we will reinstate the company’s 7 percent matching contribution to the U.S. ExxonMobil Savings Plan and Supplemental Savings Plan. We are pleased that improving business conditions and company results allow us to reinstate the company match.
Your commitment to ExxonMobil’s long-term success is recognized with challenging and fulfilling opportunities, professional growth, and compensation, benefits and programs that support you and your family throughout your career and into retirement.”
Melani Clifton
I am so grateful to work for this company. I was an experienced HR manager hire over 20 years ago and have had an incredible career that I am still proud of today. It pains me sometimes to see others bash or doubt the company I love and frankly refuse to stand for it silently. This company has been so good to my family and as I sit across from campus from my apartment looking at the beautiful view of the cube, I reflect with gratitude. I am nearing retirement years, building a home in another state and close to work for my remaining work and committed years. Professionally, I am involved in the greatest work of my career yet. ExxonMobil is leading the way in carbon capture. Environmentally astute and committed. Continuing to meet energy challenges of the world. I am proud to be a part of it. Attitude of gratitude and committed to a future to be proud of. #energy
Like Reply 12 Likes
10h
Oluseyi Adebisi
What a great and employee friendly Company. Kudos.
Like Reply 3 Likes
This statement is pathetic after reducing the workforce by >30% via two disguised and one official layoff which pretty much cleared the 50 to NRE bucket:
"Your commitment to ExxonMobil’s long-term success is recognized with challenging and fulfilling opportunities, professional growth, and compensation, benefits and programs that support you and your family throughout your career and into retirement.”
Additionally, many oil companies maintained the full range of benefits, and at least one did not have any layoff.
What’s so pathetic about them reinstating the match at the previous 7% rate, which is probably way better than most companies?
Great news for employees as I’ve heard of others that came back later and smaller.
DW and crony didnt have got to be transparent to employees letting them know of 401k freeze last year. People had to learn from this forum. And now the arrogant as--s are making this like how much they care about employees. Such hypocrites.