Story by Peter Vanham Europe’s competitiveness is “in a crisis” Is 2025 going to be the year in which Europe becomes competitive again, after years in which it trailed both the US and China in economic performance? Not according to Philippe Ducom... — read more
What is our real future with the ‘future of finance’
We haven’t heard much but from the raises I assume they want us to leave.
Any BTC employees jump to Chevron?
Are Chevron really offering higher salaries? How many EM staff have gone to Chevron so far?
Finally some good news on our new dental plan
Like everyone else on this board, I’ve been pretty pi---d off about the quality and the limited choice of dentists under the new Delta Dental coverage. But this time when I went to the Exxonmobil Delta find a dentist website, I found some good news... — read more
PIP Documents
So, we're past PIP season. I was curious if anyone outright didn't sign the document given for the PIP/PIL option. Essentially, has anyone ignored their performance assessment choice and made the company fire them "the ol' fashioned way"?
Anyone else not even get a raise communication?
Sure, I get that some people don’t get raises. A lot of us, actually. But my boss didn’t even communicate anything to me at all this year. Did anyone else not even get told anything about their salary next year, or is it just me??
We're all on borrowed time
If you’re 45 or older, it’s time to face the reality that you’re on borrowed time here. The company is systematically getting rid of people like us, one by one. They’re looking for younger employees, cheaper labor, people who don’t even know what... — read more
How to stay alive after ExxonMobil in Brazil?
I've been trying to leave this daily mental struggle for years now, to no avail. Being a 40+ yrs old professional in a shithole county like Brazil is the equivalent to being a death row inmate. Hundreds of resume/cv submissions, dozens of self funded... — read more
Exxon Mobil (XOM) Increases Yet Falls Behind Market: What Investors Need to Know
In the latest trading session, Exxon Mobil (XOM) closed at $106.30, marking a +0.41% move from the previous day. This change lagged the S&P 500's 0.73% gain on the day. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq added 0.98%. The... — read more
Will 2025 be the year when layoffs return?
This and maybe even last year it was more about PIPs than anything else. I personally prefer layoffs, because receiving severance is definitely better than being kicked out without anything. Now that I think about it, I can't believe that I'm here... — read more
The time has come to end the pension
One of the last "big rock" structural costs to the corporation has to be the US pension plan. It's time to end this anachronism. The corporation can add a few percent to the savings plan, get out of administering the pension, and save all that wasted... — read more
It is what it is
Anyone feel like just ending it? Thought maybe I was making a difference from "the inside" for nearly 20 years but obvs not. But yeah, I know, most of you will just say go ahead and off myself. I get it. That's just the state of things.
Pension YEE When Leaving
Putting in my two weeks soon. Is there any benefit to waiting for the calendar to roll over in terms of YEE for pension calculations? Trying to maximize what the the lump sum check comes out to.
Anyone feel like there being singled out and watched? While others are not.
First I am older but that should not mater. In am constantly being watched and pestered by a manager that is only worried about their progression. I do my work for 8.5 hours a day. This manager expects me to do more and work like the other person who... — read more
CL30+ Compensation
I’ve long heard the RSUs and cash bonuses can be a significant portion of the compensation as you make it to executive level CLs (30+). Curious if anyone has any specifics to offer on amounts for each, recognizing performance would continue to be a... — read more
Insurance Cost Savings
I wonder how much money the company is saving from changes in the insurance benefits? It sounds like we’re going from great dental benefits to the bottom of the barrel with Delta and the jury is still out on our BCBS plans. I have to imagine the... — read more
Tech compensation - salary PLUS
When looking at leaving remember that outside of Exxon the bonus is a big part of the compensation. Don’t look at the salary and think it is low. Look at the sites that explain how it works like Glassdoor or just apply and get an offer to see for... — read more
Your real raise considering inflation
Use this to see how much in real buying power your raise is. https://data.bls.gov/cgi-bin/cpicalc.pl
Non Hipo default potential
Most people have a default potential of CL29. most people reach CL26-29 by the time they retire. Promotions slow down significantly once you hit 40 so don’t expect the rapid promotions you had in your 20s and 30s to continue. If you don’t have an... — read more
Health Insurance
Anyone in the US their new health insurance cards?
Every day feels like a battle
I seriously want to quit every single day. I have to fight myself not to, especially with the job market being what it is. But it’s getting so bad that I’m starting to think one day, I just might do it. I don’t want to be unemployed, but the toxicity... — read more
This is the way
This is the way It seems to me you all are in the same rut. Oil and gas. What if you diversify and work on skills that are transferrable? If you have the smarts and willing to learn, you can be employable almost anywhere. This assumes you have... — read more
Another 40 year executive replaced by new external hire
Goodby 40 years of working way up Erik. Hello just arrived Sasha! WTF career advancement is dead
No career growth after 40 for most
according to a new study by Harvard researchers, high staff turnover is actually being driven by something a lot harder to fix: a lack of career growth... — read more
Trading Bonus communication?
Did the bonus make up for the 50% pay cut?
Future of EMHC
Remember Sears? How long before someone is making a video like this of EMHC? https://youtu.be/TVxhjvWXTcI?si=AVVF9UX2Q3imC2v3
Bonus for hourly
Why doesn't Exxon give bonus to hourly employees? Its a fortune 500 company. Surely they can afford 1,000 dollar bonus.
Terrible overseas workforce
There is a revolving door of 20 year olds making less than $3K/month that make everything so much harder to do. They are terribly inefficient and have no ability to think beyond their process. Because it’s a revolving door they are married to their... — read more
Lightweight proppant
Is it a scam? Sounds like SOD wells all over again. Just a scam for someone to get a good promotion.
for when you are redeeming those sweet sweet Awardco points - choose well
since we do not have any reliable internal communication platform to share with colleagues about our experience we company enforced policies and such - here we go on layoffs. When you are choosing redemption of your points on the recognition and... — read more
If XOM stock was an airplane…
I’d be grabbing my air sick bag!
Australia takes Exxon's local petrol brand to court over false fuel representations
Dec 17 (Reuters) - Australia's competition watchdog said on Tuesday it has taken Exxon Mobil's (XOM.N), opens new tab local brand affiliate to court, claiming it misled customers about fuel sold at six of its branded petrol stations in... — read more
Credit to Leadership
Have to give credit where due - leadership has clearly thought “out of the box” in naming two leaders with no upstream experience at the top of the two Upstream businesses. Question is - does this stop at the top leadership? Shouldn’t other levels of... — read more
XOM has cut so much they can't even be sure of employee taxes?!
I find it completely disturbing that the corporation is so unsure about the accuracy of their withholding tax, they literally asked the employees to make sure they are correct. How in the world have they fallen so far, so fast that this is the... — read more
To all the <40year old; this is why you should leave
You have no future unless your defined as a Snr Executive potential which is CL38. Anything less than that and you will be placed in good roles (but not the best assignments) but always seen as second (or third best). s&D have been instructed to only... — read more
Endanger Middle Management
In addition to the work from home mandate, Amazon looking to eliminate middle management. https://www.cnbc.com/2024/12/15/amazon-and-the-endangered-future-of-the-middle-manager.html If only ExxonMobil would follow.
There were some good people at Exxon once who tried to make it better.
I gave up trying to make this place a better place to work. I tried to help others but was told i was bothering them. I tried to simplify the MOC process for less risk mundane tasks. The MOC overlord stomped on me with the power of the managers. I... — read more
Big brother is watching. Be careful on company computers and phones.
I don't care if you don't believe or heed this warning. I was told by a IT person that my computer use was being monitored. This person told me which sites I was visiting and my search history. They IT were closely monitoring a person of interest... — read more
ExxonMobil's Bold Plan Positions It to Produce Another $30 Billion in Annual Cash Flow by 2030
ExxonMobil (NYSE: XOM) is already the undisputed leader among international oil companies. The oil giant delivered industry-leading earnings, cash flow, and shareholder returns during the third quarter. It owes its leadership to its advantaged... — read more