Q re Bonus, Salary Increases and Performance Evaluation Process
Disclaimer: I work for a smaller competitor and I am fishing for info (will post the same questions on a few boards here).
Anyhow, I am trying to figure out what's the standard way of managing Bonus, Salary Increases and Performance Evaluation Process across leading O&G companies. If you feel that you are able to chime in on this please reply and do so. I am interested in the frequency and types of bonuses and how they are calcualted (what factors are being considered). The same applies to Salary Increases.
When it comes to the Performance Evaluation Process, I'd like to find out what models for this are bing used, what's being evaluated and how and how that ties in with the Bonus and Salary increases question.
I know this is a big ask, please ignore it if you feel I am crossing the line.