A coworker did this and I'm having trouble wrapping my head around it. I enjoy working here. It's decent pay, interesting tasks, and a team that's easy to get along with. Sure, layoffs are often hanging over us, but is that really enough to make people hate it here?
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Why does Costco sell hot dogs at $1.50? lol
As an 14 year employee about to leave this sinking ship for about the same pay, I’d still be leaving even if there was a pay cut involved. Chevron has become a horrible company and the longer you work here the harder time you will have finding something else.
Because most people don't realize how overpaid they are at Chevron. Similar job moving out of Chevron you will take a pay cut. But you are more than likely to pass and supersede your older pay at a much more quicker pace. Well depending on the company, but it's definitely worth it to leave Chevron.
yes its not always about money. take me myself as an example I am making millions doing something else out of work while still enjoying doing the job at my company with a much less salary…
Maybe the new job is NOT IN TEXAS?
Not everything g is money. Besides,if your pay cut is not that significant [say less than $12,000 a year] the impact on your bi weekly payout is irelatively nsignificant [most folks make $150,000 or higher in Petroleum positions]. As stated, many other criteria plays a bigger role on keeping you with a company or venturing out. Your happiness is only slightly impacted with pay [again if you are making over $150K].
You don't have to understand. It's not your business.
@foi+1vRjVrh4 nailed it quite compellingly.
I would just add the incapacity to withstand more cycles of stress and anxiety related to how this company manages the workforce
It is easy to explain, given the constant low morale and lack of excitement around new opportunities and professional growth.
Short term downside with long term higher upside? To strengthen their resume? Move somewhere they prefer? Better benefits? WFH? More interesting work? Hated his boss or coworkers and needed to get out? Didn’t see a path foe growth at Chevron? Any number of reasons.
Maybe, they can increase their salary significantly few months later or be given stock options with a major upside.
Have you ever seen the movie the “Intern”? Robert Deniro plays a bored retired executive who wants to re-engage with the workforce to find purpose with his life. So he gets a job as an unpaid intern working with a young boss (Anne Hathaway) and help turn the company around. Robert could’ve started at home, he’s a former executive, living large but comes out of retirement to work, why?
The thing is, some of us take a lifetime to find our purpose in life and it goes way behind money. Steve Jobs in pursuit of finding his purpose lived in India in a remote rural village and those lessons he learned shaped Apples core values.
The colleague who left for lower paying job, who knows his motivations, perhaps he has a family that’s he needs to feed and he was hedging his bets or maybe there’s more to life than money? You can only sleep in one bed, under one roof and eat one meal at a time…
It depends on 1) how big the paycut was, 2) how secure the new job is 3) what potential for advancement the new job has 4) how much satisfaction and work/life balance comes with the new job and 5) location of the new job (e.g. Austin, Denver, San Diego).
I have known at least half a dozen people who quit after 10-15 years at CVX to take jobs in state government, fed government, academia or smaller companies with more potential for advancement. One guy quit to become an artist. One to find himself for a year. Another went back to school to study landscape architecture. It worked out for all of them in some fashion. Life is not just about money and the sooner you figure that out, the happier your life will be.
fake news.
There's so much more to life than a high paying salary. I hope you're young, so that you might realize this before you turn 60.
Maybe it's more interesting elsewhere? When your heart is not in it, it's time to leave. Paycut or not!