Does anyone have any insight on how the process goes down for someone under psg26 getting the extended Ltip? Just curious if there’s a certain percentage cap on who gets it and the approval process once a supervisor nominates someone.
What would you do?
If you were MW, what would you do to right the ship. Who would fire first? (Group, person, department) What would you buy? What would you sell? What’s one thing you’ll do to fix CVX
Any trust left?
Does anyone have any trust left in our executive management? This is not the same company I hired onto 15 years ago. Its become a disgrace how its being run and how employees are being treated. Leading Performance = Transformation 2.0. So with the... — read more
Leading Performance
did we need a new committee to manage leading performance? did anyone actually understand what NH was blithering about in the TH? did he mean that our targets will now all have a performance wedge on top in order to be a “valued contributor?”
ELPLT! Translation = ROM
Mental Health email at 12:09 with attachments on Preparing Proactively for Change, Change is Happening, Living Working and Thriving in the Midst of Change. MN email 12:34. Happy Thursday
Pay thoughts
New pay and bonuses. Everybody happy?
CNBC - “ How Walmart, Delta, Chevron and Starbucks are using AI to monitor employee messages”
Leaders should tell us when and how AI is being used to track us.. https://www.cnbc.com/2024/02/09/ai-might-be-reading-your-slack-teams-messages-using-tech-from-aware.htmlh
AI is Monitoring Chevroids NOW
'Depending on where you work, there’s a significant chance that artificial intelligence is analyzing your messages on Slack, Microsoft Teams, Zoom and other popular apps.' Huge U.S. employers such as Walmart, Delta Air Lines, T-Mobile, Chevron and... — read more
Is AI in your "future"?
https://www.msn.com/en-us/money/other/microsoft-ceo-satya-nadella-wants-to-train-2-million-people-in-india-with-ai-skills Hmm... considering that MW worships Nadella, you think Chevron might follow suit?
Strongest competitor in houston
I see lots of complaints about pay, bonuses, and leadership. Who do you see as the best oil and gas competitors in Houston?
Why RTO if you don't have an office or cube?
Who came up with the cr-p shared space idea? Two junk monitors and a mouse that should just be put in a bin. Whisper when you take a call because you don't want to disturb others. Completely ineffective for productivity. The people that want to be... — read more
RTO is a scam
Upper management knows that the middle and the bottom doesn't pay attention to driving value for the business. "Leaders" keep getting promoted not on their abilities but what fits the image they want to show. The bottom managers don't listen to... — read more
Newbie
Hey - Experienced hire interviewing -2 questions What’s CIP - my understanding from HR is it’s multiplying factor on my monthly that I get as bonus. Is that taxable ? How many stocks will I get, is restriction how many years? — read more
MW stoops to new low with hitting us over the head with cane - get over it he said……….
So MW uses this analogy for our CIP/LTIP multipliers. Talk about mo--nic, missing the point, and tasteless….. https://www.youtube.com/watch?v=dZfGTL2PY3E Is the BOD watching these Townhalls. OMG………….This is our leadership??????
Money missing from HSA account, lately?
Check your accounts!! My contributions were missing since December of 2023. Called Benefit Wallet and they told me to call HR. First time, i called, they said that I was not the only one reporting it. They fixed it but not completely. So I called... — read more
Not a Fiduciary
Contrary to what people say and believe it's not a Fiduciary responsibility to the shareholders. No where in US law or in no court judgements does it say that companies need to maximize profits for shareholders at the expense of employees and... — read more
Town Hall Comment Thread
Share your thoughts as it goes along in this “open and unplanned” discussion LOL.
Who here said 0.5 - 0.7 CIP??
Recall the posts about a lower CIP, stated with certainty..."I heard...", "confirmed..." Etc? I know it's a free country, but fake news really the best use of this website? Please help to make this useful by stating facts. If it's not something you'd... — read more
0.95
Could have been worse.
0.95 CIP Factor
The news is out.
When is CIP factor due out?
I'm surprised that the CIP factor email isn't out yet. It's late relative to the past few years. Thoughts on the timing and guess on the factor? My guess is 0.9 and email tomorrow.
SkillsInsights & Assessments
Thoughts on the latest Skills testing and assessments for all roles in IT? Helpful? A trap? An opportunity to grow in the right direction? Data for future reorg / layoffs? Also wanting to hear from people in higher PSG that have been around for a... — read more
Things are looking good!
Chevron Is Coming Off a Record-Breaking Year. 2024 Could Be Even Better Chevron produced a record 3.1 million barrels of oil equivalent per day last year, fueled by acquisitions and Permian expansion. The oil giant also returned a record $26... — read more
Us upper management are loling out loud at this board
Dude, i’m gonna type as sober as possible, the posts are honestly looks fcking pathetic and digusting compared to my career. and I’m being one hundred percent serious. Sorry we dont do paper work sht that was perviously in powerpoint. you’re a f-king... — read more
Oil and Gas outlook
I understand Oil and Gas may be a dying industry.. but I'm one of the dummies that joined in the last few years from school. What level of sc--wed am I? Chevron has been around for so long, I assumed it would continue to survive at least another 40... — read more
How salary increase is determined
Can someone explain again how salary is increase is determined and what the relation is to structure %? Does employee performance rating make an impact? Being below or above midpoint of salary for your psg? It sounds like it's not as simple as... — read more
So are the Permian problems solved?
I remember in the past they used to show how current production compares to previous forecasts, that seems to have disappeared, but we are still sticking to the 1 MMBOED by 2025. So what gives? I think there is something hiding in the E part of... — read more
Deleted again, so reposting
“The oil major returned $26.3 billion to investors by paying out $11.3 billion in dividends and buying back $14.9 billion in shares last year. It did so even as its profit dropped about 40% to $21.4 billion from $35.5 billion in 2022.“
8% dividend increase, 2% salary structure increase
We value our employees!
What are the odds of leaving downtown Houston for a suburb Campus in the next 10 years?
Similar to Exxon in Spring, or the now old Chevron Park in CA, what are the odds Chevron ditches the pair of glass downtown for a more convenient space outside of the loop in the next decade?
What are our C-Suite people really like?
We hear stories about MW chewing people out and we all remember the legendary JG "Playing the Victim Card" moment but for those who know them are they normal people or as out of touch and heartless as they seem? What's it like dealing with them?
Executives initiate work from the luxury boxes
If you can't afford the skyboxes then you need to be in the office for a hand wave or two and business critical water cooler talk collaboration. Those who have access to luxury boxes are free to work from there!
RSU gut punch
The RSUs and Perf Shares vested today and the results are dismal. We are fourth out of five, almost dead last, in TSR and ROCE. What a ripoff. You nitwits and layabouts need to Do Bettuh!
Too many EEs!
My boss told me this afternoon the enterprise is seeing too many exceeds expectations in reviews, and that they need to start rounding down more. What could go wrong?
CEOs using RTO to mask poor performance / management
https://www.forbes.com/sites/qhamirani/2024/01/26/ceos-are-using-return-to-office-mandates-to-mask-poor-management/
Structure or CIP updates?
Somebody must know something by now.