Thread regarding BP PLC layoffs

What has been the base pay increases this year/ past couple of years?

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| 1581 views | | 14 replies (last July 4, 2024) | Reply
Post ID: @OP+1sDUxMys

14 replies (most recent on top)

Run

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Post ID: @Ivxz+1sDUxMys

I work for your competitors and received 7% YoY for the past 5 years. Was thinking of making a move here but this post has caused me to have a bit of pause about coming to bpx not counting all the other negative comments.

This place seems "next level".

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Post ID: @ahbz+1sDUxMys

Benefits are no longer competitive here. If you are using bp to get your foot in the door in oil and gas then great but otherwise stay away from this place. I've seen nothing but benefits being taken away since I've been here. The raises have not kept up with inflation effectively cutting pay as a result. OTHER COMPANIES ARE PAYING WAY BETTER WITH A BETTER WORKING ENVIRONMENT AND THE BEST PEOPLE ARE GOING OTHER PLACES.

The women and minorities appear to be getting larger pay raises than white males too based on anecdotal observations so I'm unsure if that is just in certain business units or across the board. They are also hiring new people at higher salaries with less experience that current employees creating a disparity that is not right. Even at the higher salary for new hires they aren't competitive.

People are talking and getting upset as the truth about these things begins to come out more and more. I've had higher upside ask me to lie to my team about their crummy raises and I refuse to do it.

I've seen so many good emoyees leave over the last 2 years. How are we supposed to compete with our peer companies like this? I've heard HR tell people they aren't trying to be competitive. Rather, they are trying to stay in the middle somewhere. They aren't even doing that.

Go elsewhere. You will do better.

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Post ID: @ados+1sDUxMys

Its bad. They need to rework their compensation plans as they are no longer competitive.

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Post ID: @6cfv+1sDUxMys

Ask your line manager, they can tell you what % of a grade you are within your discipline.
Keep in mind, if you are new to a grade then your pay raises will be greater. As you approach 100% of a grade your raises become smaller. Long time in grade? Expect smaller raises until you break through to the next grade.

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Post ID: @5skc+1sDUxMys

I’m near the top of my pay band and got just over 2% for the past 2 years. Obviously I’m now looking around

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Post ID: @4cir+1sDUxMys

Very poor and not keeping up with industry standards. I'm leaving.

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Post ID: @4qcr+1sDUxMys

UK subsurface. 4.5% this year, 5.5% last year.

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Post ID: @4ezp+1sDUxMys

@@1wvj+1sDUxMys

How do you see your salary band?

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Post ID: @1noq+1sDUxMys

I’ve gotten 6% the last two years as a US employee below the median pay of my band.

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Post ID: @1wvj+1sDUxMys

As a rule of thumb: 50% of inflation. So we have been hit hard, while the company had enormous profits.

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Post ID: @1xpu+1sDUxMys

Uk was 2.5% last year

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Post ID: @1poy+1sDUxMys

real wages down several years in a row

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Post ID: @1vth+1sDUxMys

Not inflation.

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Post ID: @1ojz+1sDUxMys

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