Does anyone know the rough salary curve differences between upstream and downstream in the US? For engineering? Commercial? Different by CL or roughly same percentage difference?
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Is 5400 * exp(0.13521*CL) posted by Unknowledgeable Other accurate? I’m at the top of my salary curve for my CL and this spits out my salary (within <1k) and makes sense for a other CLs.
If this is accurate, how is YEE and rank considered?
I agree with chz+1cDeXwVg. But these upstream/Downstream curves are narrowing and will probably disappear soon. I suspect 1 curve for technical (and maybe IT) and handle competition salaries with promotion guidance. Upstream promotion guidance will be significantly slowed until attrition picks up. Back to a unified curve like we had before 2007. In 1986, promotion guidance slowed for over a decade (1986 to merger)...terrible pay raises for over a decade and very slow promotions. Your hope for future is what competition does...MAYBE the COMPETITON IS AMAZON AND MICROSOFT AND OTHER TECH?????
5400 * exp(0.13521*CL)
The hilarious thing is there is no job function salary curve differentiation for executives. An HR executive is paid the same as any other executive. Why the differentiation for MPTs but not executives? Guess which function owns employee compensation? 😀
I’ve been told less than 10% for same CL … but accelerated upstream advancement guidelines mean it’s more than that. Not sure how much lower the C curve is for EMIT, financial services, etc
I used to work in a downstream “competitor” before joining XOM. I can confidently say that I’d be making more if I stayed with them than I am now. People here aren’t actually seeing the full picture.
For the laid off, the only curves are in the highway out of town.
Best road-trip ever.
Many of the bad decisions made by the corporation recently were in upstream decided by a CEO coming from upstream. For example purchase of XTO or Kearl. Downstream and Chemicals are big value chains for the corporation and always brought cash flow to corporation when needed.
I was surprised when Darren Woods was named CEO, I was concerned how a downstream person would run the company. Well now we know. Can we please get go back to having upstream CEOs?
An example of how bad is downstream:
A horrible organization like CSR in Clinton NJ is burdened by all of us, thanks to our Downstream leadership
@1vye+1cDeXwVg That’s why we fail. You are absolutely wrong. Comparative companies forDownstream is Valero, Phillips 66, etc. Comparative for Chemicals is Dow, BASF etc. For Upstream it is EOG, Marathon, etc.
We are overpaying in Downstream and Chemicals, and under paying in Upstream. As a result we are losing in all three.
@ 1pmn+1cDeXwVg now that ain’t true … we’ve had two linebackers as CEOs now, goes to show that football players have the #winning mentality
When you let downstream run the place everyone is screwed
In theory, a Houston-based upstream and downstream employee should probably be paid about the same. However, if you take an assignment adjacent to an area infiltrated by ISIS, by all means, you deserve extra pay. If you are on a rig in the ocean for 30 days at a time, you also deserve extra pay.
Single curve for Upstream and Downstream now. Here is the funny thing: we can’t bring salaries down, so — Upstream is getting next to nothing raises and Downstream/Chemicals getting tons. As a result we lost our competitive cost advantage in Downstream and Chemicals. And in Upstream we will be losing talented people.
As market picks up, and we are seeing early signs of it, all Upstream functions like FE specialists, Res. Engrs, Drillers, Dev Planners, Ops Engineers, Geologists will be leaving in hordes.
This is our infinite wisdom of thinking that everyone in ExxonMobil is same. As someone said it earlier - A Baker can’t be a butcher.
A football coach can’t suddenly become a baseball coach. You can’t say all are athletes, let’s play a line backer same as a NBA point guard.
Duh
Who gives a sh!t?
There is a double whammy: 20% more for same CL (approx, middle of the curve) and faster CL progression for upstream
Yes, I agree with the OP, upstream is far better than downstream. In general, you never want to be downstream (or at least do everything to avoid it.).
I have no problems getting it up - no curves here
Upstream rulez
Used to be 20% difference between upstream and downstream. Has been narrowing after 2015 bust.. but upstream usually have 1 CL higher