According to a survey by the Transamerica Center for Retirement Studies, nearly six-in-10 retirees (58%) retired sooner than planned. Among this group, 43% cited employment reasons such as job loss (16%), organizational changes (16%), job unhappiness (14%) and retirement buyout (9%).
5 replies (most recent on top)
American and EU engineers and geologists at the same experience levels as their indian or malay counterparts are slightly better but not worth the 300% cost premium. The accountants in Hungary and Brazil also are slightly less capable but the Americans and EU are not worth the premium. AI will boost the capacity and productivity of The offshore sites dramatically and significantly reduce the need for WASP males and Females.More diversity is coming to ExxonMobil and every other corporation. Work from home means work from India
Annuitant at 61, load of pension money and investments. Exxon was good to us. Been spending more than my base pay at retirement a couple of years ago and have a lot more than when I started retirement. Life is good!
I have first hand experience with BTC, KLTC and DTI “engineers”.
All I can say is …. Sad 😞
Exxon should layoff all hc10 kltc engineers can do their work at cheaper rate...
But 6 in 10 ar3 happier in retirement I bet