The numbers are finalized
11 replies (most recent on top)
@OP is here. The #'s is between 3-6% depending on your last assessment
Agreed. I'm one of those waiting, except that I have looked for jobs and known exactly what I want. I'm ready to move on as soon as the numbers are out and not meeting my expectation.
I kinda disagree with you on increasing CL salary band though. It won't solve the problem. The cause of the problem is the f**ked up stack ranking that puts talented people to the bottom quintiles, while lots of useless people are put into the top quintiles. You can't pay more to talented people without fixing/getting rid of the ranking first.
I know a sizable number of people who are waiting to see the number they get this year for raises. If it’s not substantial, then they’re leaving. They didn’t search for a job before.
EMIT can kiss a significant portion of its Applications org (especially it’s cloud and ERP strategy) goodbye if it’s not good.
Expect EMIT US salaries to be low, the goal is to naturally shift work to the GBCs via attrition and upcoming retirees. No layoffs, just a bunch of “ah shoot I tried to argue for you a better salary but Dallas and HR must have done a poor job of salary benchmarking this year :/ sorry nothing I can do”
This is an ok plan to let it naturally happen, but the problem is you’re only keeping the cr-p and not the talent. Increase the salary bands for a CL, lessen the impact of YEE, and only pay talented people. Let the untalented quit because of poor pay.
XOM knows people who have stayed back are those who couldn’t get a job elsewhere. Raise or no raise, these losers will stay back.
If they give below inflation raises for a year or two then salaries will be back in line with competitor surveys. They can give the top quintile RSU...because if they quit...then the unvested RSU cost them nothing.
I saw my sup showed me the timeline.
Raises are finalized in Sep and will be communicated in Dec.
2% to 3%
Yup they are finalized and here they are …
I bet they kept the average 2.8% salary escalation in CP because their inflation data is 2.5%
Of course it has not been finalized yet! Otherwise they have communicate it to the employees in order to prevent further attrition in the company...
@OP. And……? What can you or someone then share? Saying they are finalized provides little (no) information value.