Since the Petrotech supplement went from 8% to 5% I'll make less money in 2016 than 2015. Did this happen to anybody else? I guess that guy asking why we don't trim salaries across the board kind of got his wish.
Negotiating severance terms
I would assume that the terms are standard and non-negotiable for the Chevron severance...but I thought I'd go ahead and ask. Did anyone try to negotiate some different terms? For health care, or end date, or anything?
Chevron Australia: MD to set sail post Gorgon start-up
http://www.afr.com/street-talk/chevron-australia-md-to-set-sail-post-gorgon-startup-20160224-gn21no
more important things than money
just getting out of 4 heart bypass 2 days ago,i woke up and smelled the coffee at 63,theres no reason to work yourself to death over 401 s and big pensions.my problem was hereditary.but now I realize lifes not about fancy cars and big houses,love and... — read more
Steve Thurston
You need to get involved with what is going in DWEP before we make the news papers. Financial stewardship is important but not at the risk of a fatality or environmental spill. The leadership changes are not good.
Another Price Storm Coming
Intelligent electric cars are coming, and they could wreck oil markets within a decade http://bloom.bg/1KJuZuT
Can you roll severance into 401(k)?
A question to those who have already received a severance. Did you have the option of taking the severance in a lump, or having it put in your 401(k)? If so, was the tax deferred? Were you given the option of rolling your annuity into the 401(k) as... — read more
Saudi Arabia to U.S.: Cut Costs or Leave the Business
Saudi Arabia to U.S. Oilmen: Cut Costs or Exit the Business www.bloomberg.com/news/articles/2016-02-23/saudi-arabia-to-u-s-oilmen-cut-costs-or-get-out-of-business?cmpid=yhoo.headline
kill the pmp process
kill the pmp process... Its a waste of time.. And it only serves to perpetuate the useless middle management layer that is sucking the company dry.. 230k for an IT project manager... Give me a break!
EOI Question
It is my intent to Express an Interest to be left standing to receive a Severance package. (EOI) How much weight does expressing an interest carry with the ESP when your management wants to keep you. They used up there 40% of closed positions on... — read more
Does anyone out there know the status of the pending sale of GOM assets with Cox OIl?
There're lots of rumors out there but I assume it's all speculation, since no one from either side is talking. Is is on, off or still pending?
Watson's personal comment on this ESP
Not sure if Chevronites listen to Watson or not but the following quote from 3 weeks ago is pretty telling. ● Number two, I think the benefits that we're taking on in some of our organizations and some of our structures, I think a lot of that will be... — read more
Finance MBA Development Program
Will be joining as a summer intern in the Finance MBA Development Program. How are the corporate finance staff viewed in this environment? How is the Finance rotation program affected by the restructuring?
Warning Warning. This ESP is now referred to ESP1. Which means there is an ESP2.
From my understanding Chevron is having a very hard time nailing down the 40% of positions that are vital in the new Org Chart. No surprise as they don't know how to wipe their ass. This may now turn into a phased approach. This may be off.....and... — read more
CIP and no PMP ranking due to layoff.
Anyone know how you will be ranked for CIP if you were laid off in 2016? HR briefly stated no ranking if you were laid off. Does this mean we can expect our full CIP bonus, prorated for the months we worked?
Secret ESP for PG 29 and above.
This is real, just not public. The ESP is said to be 28 PG and below. There is a parallel ROM for PG 29 and above which looks to be as brutal. You will see some managers resign rather than get fired. Watch how it unfolds. And Chevrons leadership... — read more
Reserves?
Does Chevron still have any booked reserves that are still economical? How often do we have to fess up and make a downward correction? Is that a ticking time bomb that shareholders dont fully appreciate? When exploration is shut down doesnt that... — read more
Lookbacks and Yogi Berra
It was a long time coming - and the first lady took a hit for Gorgon - with Melody Meyer leaving CVX to pursue other opportunities!. Finally it is time to send expatriate executives packing home with the rest of us who got repatriated last year, for... — read more
My husband is in scope.
My husband is a US expat in another country whose must leave time was cut short by 6 mo. He is in scope. What happens next. I am confused. He can apply for up to 4 positions if he chooses .....? Around March 10th? When will this take place? When will... — read more
What's a transition position?
Several Org charts have "transition positions" does any one know how long these positions are for. And will you be eligible for a separation package if you are placed in a transition position? My assumption is it would have to end in 2016 but I can't... — read more
The risk of becoming a corporate fanatic
Starts with the glossy folder when you receive upon joining the "organization" and continues to grow until you find out that those "way" values don't love you back. Your fanatism erodes and you leave them showing the best pocker face you learned to... — read more
Positions Affected
Facilities Engineer Financial Analyst Process Engineer Engineer Petroleum Engineer Reservoir Engineer Cashier IT Professional Business Analyst IT Business Analyst Accounting Analyst Engineering Engineering Intern Customer Service Representative... — read more
In scope and ROM reps
This will probably be announced next week, but here's a hint to people who want to get a head start. You can figure out all the in-scope people by looking at the memberships in the address book right now. You can also find out who the ROM reps are... — read more
Severance calculation.
After checking the info on my Benefits Connections/Retirement/Severance page on the advice of a manager, I noticed that the weekly regular earnings figure used to calculate my estimated severance is about 7% lower than my regular weekly salary noted... — read more
You attract and You retain
Employment is a two way avenue, so perhaps this is the time to reflect (deep inside) if is worth retaining a professional link with any organization that does not live up to YOUR expectations, not the way around. Nowadays, this mutual convenience is... — read more
The Corporation is not the problem. The real villains are Capitalism, Wage Slavery, the fascist State and the One Percenters....
Wake up! Unplug your mind from the Matrix. The One Percenters own us and keep us distracted with smartphones, The Kardashians and Donald Trump. Get out of the Matrix. Lay off the One Percent! One Love.
Why are you blaming Saudi Arabia for the slump?
Do you want Saudis to undermine their business for you to sell your oil in an open market capitalistic world ? You want to push the price of the oil to $100 a barrel, so that you can make 100k to 400K salary and have a lavish flamboyant arrogant life... — read more
Ranking
Once upon a time, many years ago, Management did acknowledge that the then existing ranking method was counterproductive, the old seriatim (sp?) ranking where the roses and thorns were slotted top and bottom while the rest of us landed somewhere in... — read more
Chevron Hunger Games
Coming to a BU near you March 2016! The odds may never be in your favor!