Will there be pay raise for G10 & below in 2019?
5 replies (most recent on top)
Ask your crystal ball.... That’s a BIG N O good buddy!
Turnover is heading south but profit per job/enterprise is dropping even faster. Way too much money spent on PIP generating vanity projects. Your pay rise, minimal though it may be, is spent on supporting legions of Power Point warriors and Excel demons..
Unlikely as the debt mountain at Schlumberger is massive and turnover is heading south. Schlumberger hates anyone under G10 as it perceives them to be uneducated. Instead Schlumberger relies heavily on management with degrees from the Ivy League......these are the same people who have managed to navigate Schlumberger to a nearly 50% drop in share price in a year. Even if G10 and under get thrown some crumbs, do you really think that a 1.5% raise is going to make any perceivable difference to your take-home?
Not here at SHTC STONEHOUSE UK
No