Morale is all time low. Leaders are not leading just bowing to public interest groups. Wake up people RES is expensive and returns are miniscule, assuming it's run well. We all know that the Shell machine is not efficient so the outcome is... — read more
I love they are going directly after the directors! I hope they win
Shell directors sued for ‘failing to prepare company for net zero’ In what is thought to be a first-of-its-kind action, the lawsuit brought by activist shareholders claims that Shell’s 13 directors are personally liable for failing to devise a... — read more
CEO earns 57 times more than regular employees.
With inflation at 7.9%, the CEO gets a 27% pay raise in 2022 while regular employees get 2.5% average. How much increase did the US country chair get? https://www.theguardian.com/business/2022/mar/10/shell-chief-pay-ben-van-beurden-oil
Why is SHELL stock a poor performer?
Shell stock is performing terribly in 2022 relative to peers, especially when compared to ExxonMobil or Chevron. Why is that? Those companies are on a tear, among best in S&P 500 YTD, and Shell stock is floundering even with historically high oil and... — read more
Of course this is how it works
Now that I want nothing to do with Shell and would volunteer for a layoff in a heartbeat, there's no need for layoffs and there'll be no need for layoffs for a long time to come. I've spent several years worrying about my job and being cut and now... — read more
Severance, severance, severance
Come on Ben stop teasing us, announce the next SVS.
Big Ben
Nice to see someone got a decent raise. Total remuneration for the top Shell (LON: SHEL) boss equates to a 27% increase on 2020’s £4.8m, which comes after Shell reported pre-tax profits of nearly £22.7bn last year
How long will high oil prices last?
Would love to hear your thoughts on this.
Is everybody happy now?
Apologies have been made and steps were taken to join the majority in condemnation of Russia, so can we go back to normal now? I'm getting tired of people calling a company "immoral." If you're just now discovering that an O&G giant is going to look... — read more
Such an immoral company
Since posts keep getting deleted. I’ll repost.
All they had to do was do nothing
If the leadership did nothing, Shell would be among the companies that are being called to leave Russia but are still dragging their feet. Not ideal, but not devastating for our image, either. But no, our leadership decided to do some war... — read more
Well, that didn't last long
https://www.wsj.com/livecoverage/russia-ukraine-latest-news-2022-03-04/card/shell-buys-russian-oil-at-bargain-price-2ZljvO2HQlmPm5d5aAgG Shameful but not surprising. Who would have thought senior leadership would say one thing and actually do the... — read more
Severance Packages on the Horizon
With the Russia probe, cost over runs on large projects, the rumors are rampant that another round of packages will be offered relatively "soon". If you missed your chance last time you may be able to grab a golden ticket. Good luck.
$109 OIL!!
Woo hoo! Good for some oil company somewhere!
Bonuses yesterday
LET THE RESIGNATIONS BEGIN!!
New CFO
https://www.reuters.com/business/shell-appoints-sinead-gorman-new-finance-chief-2022-03-01/ Does this mean new initiative coming down from the top? The new CFO will want to make his mark on the trajectory of the company.
Shell and Russia
Will Shell halt it’s business dealings in Russia?
2016 crystal ball
https://www.mckinsey.com/industries/oil-and-gas/our-insights/the-oil-and-gas-organization-of-the-future Listening to the these is why we are here. Senior leadership are, well they are not leaders are they?
Shell USA, Inc.????
Name change after 100 years because it better aligns with our core strategy? How exactly? Complete BS. It was done for financial, reporting, tax or selling purposes. We have too mainly people running around making up work and developing new... — read more
GW Message 1, DEI
Are you fu----g kidding me?
Shell regrets selling Permian badly
With oil prices at 90+ USD per barrel and increasing and the Permian asset being sold after June 2021 when the oil price was 60+ USD per barrel. It seems that Shell did the investment and ConocoPhillips is making the cash with little efforts. Great... — read more
Nord Stream 2
Who signed off on that disaster ? Another poor strategic decision ......
Shell LNG market update
Following Shell's (NYSE: SHEL) acquisition of BG in 2016, the world's largest LNG supplier has hosted an annual LNG outlook day. Monday, Management shared their view on the current market, and outlook through 2040, making the case for LNG as a... — read more
Next SVS
Even though COVID and Reshape SVS were fairly "recent", it's inevitable that another round will be in the offering. I'm hearing will placed rumors that it could be as soon as 6-8 months to allow for bonus and Reshape shakeout
Going from being PROUD to work for Shell to being EMBARRASSED - a 20-year journey
That's it...when I was hired in 2002, I was excited, the company treated me well, compensation was high, raises were high, bonuses were high. People in those days were jealous that I worked for Shell. People always said they sent resumes to Shell for... — read more
Emotional distress
Thinking about suing Shell for emotional distress. I have never gone to a therapist, so I can’t claim that I’m in a very bad state of mental health. What I can say is that I have never felt so stressed and depressed in my life before with the... — read more
End of an era in the North Sea
https://www.energyvoice.com/oilandgas/north-sea/388005/shell-to-sell-southern-north-sea-stakes/ It was only a matter of time before we heard about the sale of stakes in the southern North Sea clusters. Any thoughts about it?
Ageism
Do you feel there's age discrimination at Shell? I think once >50, opportunities decrease a lot in terms of getting good assignments
"A private matter"
I see that no one has so far commented on the fact that the CEO sold $5.2 million of shares because of "private matter". Must be some serious personal reason?
COUNTDOWN TO SUPER PAYDAY
Feb 28. 14 days till Bonus Day. Then the resignations start. And today's disorganisation will seem like the good old days.
Chevron and BP have to be in office 60% of the time
So will Gretchen and company dare try to increase us to 3 days a week after these sorry raises?
Please post 100% PIRs here, please
Please state country, LOB, and 100% PIR based on the new IPRO statements we received in HR Online tonight. I'll start: US - JG4 - Global Functions - $150,000
How much was your pay CUT???
5% on average. Think about it everytime you pay a bill. Does it make you feel better that you are doing your part not to contribute to inflation by taking a pay cut? HOW MUCH WAS GRETCHEN'S PAY CUT? IS SHE HAVING TROUBLE MAKING ENDS MEET, LIKE ME? — read more
You get this email from Gretchen?
Sorry, we can't pay you more or we would be contributing to inflation! Don't worry, we let you work in a supportive culture with great colleagues! I mean, who writes this stuff?
US Bonus Payment Date
What date are bonuses paid out in the US?
Group scorecard
Can someone explain to me why the BPF was originally 1.32 for 2021 when we averaged 1.49 over Q1-Q3? Did we tank in Q4? I really doubt it considering the favorable macro conditions… Maybe I’m being cynical but I think 1.5 should have been the actual... — read more
Outplacement: Randstad Risesmart or LHH? How best to engage to get most out?
Hi! Has anyone here dealt with outplacement, Randstad Risesmart or LHH? Just have to choose between and wanted some feedback. Also, if you have any insights, what are the key success factors about how to engage with them and get the most out of it?... — read more
My "raise"
I quit
2022 pay raises
I just saw my pay raise for the year in the Netbenefits Life Insurance thing. From 2020 to 2022, I am averaging 2.2% increases for two years of Higher IPF. It is like a sm--k in the face having had to work my a-s off through Reshape and COVID but not... — read more
At some point though, we just became commodities
Of course no company will decide to spend more on good employees instead of hiring cheaper. I still don't know of any such company. That is the bitter truth. It’s impossible to know, but I just wonder how much money this company lost replacing... — read more