Anyone... I am in EMIT but we can make this a thread for all groups....
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Prepare to be underwhelmed by your paltry raise. Unless you are a HiPo that is.
Also chemicals is not being sold off. Higher likelihood pieces of the business are sold and the downstream and chemicals merge.
Keep in mind that the data guide does not factor in inflation. So the numbers being posted are ex-inflation. Additionally it's been determined that we aren't competitive on salaries like we were before (below 50%). Typically we've tried to be in the 60% range of pay. So that coupled with what is real vs transitory inflation could all factor.
@3dss what’s the data guide? Where can I find it?
Go read the data guide, it has all that information. Percentages depends
on the company (upstream, downstream, chemicals etc.).
Be advised it's not all that encouraging info..
3-4% base varying by business
I heard raises are slated for an average if 4% next year in the US. Good luck with that 😂
Management keeps saying “just wait until January… raises will be amazing!” Honestly, I really like my management’s personality, but I just think he is buying time for this disaster and desperately trying to keep it from getting worse.
Surely management has figured out “You don’t have until January!”
Just where is this 'raise' money coming from, EMIT?
How many Emits can we fit in a car is more like it.
No!
Blink
Wait what? Chemicals is being sold? WTAF why??? It's so profitable!
As this is a layoff discussion board, we find this an interesting question.
Processing.
Crude is going down, Chemicals being sold off (parts or whole), Lubes being out-competed (even oat-oil better than old form Mobil 1) - and the Traders keep on tradin'.
Raise outlook - not really bright for EMIT or any other non-core.
Change your job for a raise - especially EMIT (though being 5 years behind tech-wise and 20 years mgt-wise - you're probably Help Desk material if you can read and type.)
Considering inflation levels don’t get excited. In past they brought back raises by giving everyone a couple hundred bucks a year more. Lá de fricken dA!
EM: Best I can do is 3%
Yes. Expect -39% raise
We had a long thread on this about a week ago.
The thread did not go anywhere as nobody had clue about what's going to happen with raises.
https://www.thelayoff.com/t/1cn7RffA
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