when will bonus for 2025 being distributed? Will bonus being adjusted (up/down) based on refinery performance? what are the benefits of being rated as extraordinary results/role model?
11 replies (most recent on top)
lesgooooo love that 15% babyyy
What was already said - it's like taxes: status as of last day of year applies.
@2h3 it will be at 15% for the whole year, they don't split it out.
if i got promoted from G11 to G12 in december (12% to 15% bonus target), is my bonus going to be referencing 12% for Jan-Nov and 15% for Dec, or referencing 15% for the full year?
143%
@16f I think it'll be higher than that, more in line with last year I would guess, 150 range
@11s this is so far off base. Nobody is moving to venz. Companies will buy their oil and that’s it
@108 do the math and bonus likely in 130 range. Merit is probably the same as always 3-3.5
Forget the bonus its more important to be asking are we all going to made to follow the new oil grounds in Venuzuala before long. Uprooting and going to a new land is not easy for families to do.
@aj can u remind me when we find out our bonus amount and merit increase? i think it usually comes out late Feb?
Typically last week of March of first week of April.
There is some flexibility in the bonus awards. Your group is given the ability to adjust bonuses up/down based on performance although it only varies a small percent.
You will have a solid idea how the bonus will look with MPLX files the 10-k end of February which shows the senior leadership bonus percent.
The refinery performance or region performance is new this year. Remains to be seen what happens and how it plays out.