I was offered a job at Exxon as a petroleum engineer at ridiculously low pay. It went 30 percent under what I was making at my former company (I was laid off several months ago.) Is this really what petroleum engineers make at Exxon? Under $100k? I'm not desperate enough to accept that.
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I started as an entry level geo with Exxon in 2009 at 130k. I think something is very wrong with this.
Do not join
Do NOT join XOM as an experienced hire , you’ll always be second class in this deranged caste system.
All responses I assume are America centric...? Plenty of us outside the states not earning anywhere near that money.
I second what @geg said. XOM definitely values younger, straight-out-of-undergrad new hires over experienced hires. It’s easier for them (XOM) to mold non-industry experienced new hires into the sheeple yes-man workforce they want, rather than have experienced, independent thinking technical workers who might have the tenacity to question some of the business decision-making policies.
Downstream starting pay is around mid-90s. ExxonMobil doesn't adjust starting pay for inflation or competitor pay. It has been declining for the past decade.
This is true and it is sad. High probability of getting a PiP within first couple of years as a new hire which will result in a 3 month severance pay though.
ExxonMobil doesn't value petroleum engineering degrees. They would rather have a clueless (I mean about the industry, not engineering wise) chemical engineer they can indoctrinate over a 5 year timeframe than someone that can hit the ground running on day 1. They are the only O&G company with this attitude.
Are you sure about this? We have entry level engineers downstream making >$100K.