Any news about the updated annual raise % coming up end of this year and for next year? I hope its not a sh-t increase, if it is.. I am packing up and OUT. I am getting under paid as is.
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@dpvp yea, I'm retired, but I have the same question of why people who work at Chevron use the layoff site as a chat room for adolescent company gossip. Aren't there plenty of sites already for that where the children can play with their phones while they aren't using it to play video games? It's probably the ones who can't get a date, I suppose, lol!
Post ID: @cftl+1dSYfBK4. Does anyone know why this guy posts the same question on every thread. I know he is still butthurt from getting the boot A YEAR AGO, but his OCD is getting old. Maybe new meds would help!
Does anyone know where the layoff site is? You know, for layoff related info, not the CVX girls who got dumped off of FB chat site .
If you feel that you are under paid why are you still there?
my prediction is for a solid bonus (as it’s a one-time thing) vs structure (pay raises are a locked-in cost) which hopefully will be 4-6% range if lucky.
Your best hope for a raise that won’t disappoint, is to simply don’t get your hopes up.
Yet when spot drops back to $30 mmbtu you will be the first on here to complain you have been laid off. Again evidence why the ABU is getting 2.8% award.
At the spot price of $57/mmbtu, that's about $500MM US per cargo. Too bad ABU wrote so much into terrible low dollar long term contracts. If Gorgon and Wheatstone were 100% spot pricing at $57 we would have $40B/yr revenue from the two, nearly a fifty percent bump to the revenue of the entire corporation. Another sad mis-turn.
Results are corrected for price, ABU.
Confirmed ABU is getting 2.8 award. Highest ever to be given due to significant cash earning. 100m per condy tanker at spot price.
It is good to know when you trajectory flattens. This is the time for action or you are doomed.
Chevron manipulates pay raised. Youngsters get more because they want to get more out of you until fizzle out around year 15. Oldsters get nothing because Chevron knows you can't afford to quit, or you couldn't find another job.
Big money is coming, gotta love it!
I already got myself raised up to attention off campus this weekend at the MansGiving day Feast.
I'm greatful for the time I had.
The bonus this year is a ice cold case of buschhhhhhhhhhhhhhhhhhh so we can a drown our sorrows away. Management cares so much about us and understands our needs!
Alert! Layoff.com police are in the house!
I dunno, I came here for layoff info. Isn't this the layoff site?
@zvb, Little do you know that the industry is following the CPI, so by default, Chevron is actually doing it too. They just think they’re following the industry. Pretzel logic.
I already heard all they are giving is a giftcard to the off campus site they enjoy so much in management.
Chevron has never followed CPI for raises. Even if they did, they would vary it by region. Inflation is much lower in California than Texas.
Chevron follows industry salary trends. They are currently falling as industry shrinks and there is an oversupply of talent. So, I expect flat salary unless promoted.
Structure pay increase will most likely be 6%, just as it will be for the Social Security COLA starting January 2022. Now, as for the average merit pay portion, that’s anyone’s guess. If I were a betting man, I wouldn’t count on more than 2% more. Most of the rank and staff will see less than that.
obviously OP does not work at Chevron. There are never increases "coming up at the end of the year". XOM and other do announce late the prior year, not Chevron. Be clear and say that you are fishing for information on CVX
Damn.. 6% only and I am getting underpaid as is already for what I am doing. I hope they can give me more to get me up with other people
@ saj+1dSYfBK4 Can’t keep up with inflation? Lol. I question your intelligence if you don’t think chevron can keep up with inflation. At least for non-execs.
Im guessing structure of 6% - same as SS cola increase.
You better start packing. It’s going to be sh-t if you think it will keep up with inflation. I need at least 10% to keep up to this year and you know that’s not happening.