Very interesting to see that people are no longer signing up for coffee chats with management. Likely a combination of so much work that rank and file do not have time to stop and drink coffee plus a recognition there is no point in talking with... — read more
No more exit interviews!
Have had a few friends leave recently and HR/managers haven’t been doing exit interviews. Why am I not surprised. The feedback is all the same and it is falling on deaf ears?
Electric cars and Hurricanes
Reading about the lithium batteries catching fire in Florida during the recent hurricane and made me wonder how people would evacuate if a hurricane was coming and everyone had electric cars. Can you imagine how many charging stations would be... — read more
White Star-Valdez Line maiden voyage!
Come get your third class tickets because we're setting sail! The hottest hot desks will be as rare as life boats on this cruise! Do you believe in icebergs because there are none (wink, wink) LCS will save the day and unicorn farts are as good as... — read more
EM responds through back channels to Bloomberg article
A few days ago an “independent”, claiming to be a retired executive from Shell, posted on LI a long and detailed reply to the Bloomberg article. The post looks a bit too sophisticated and well-thought to be an outsider’s two cents on the issue, while... — read more
What's the point of Leadership meetings?
We had one on Wed - nobody asked a question. People used to ask. We'd always get a canned aswer, we'd always get a BS anwer, we'd get patronizing corporate speak, PR lines, or they would just not aswer questions. What's the point?
Massive Profits
Yet there is nothing for the worker who made all of this happen.
Outstanding and above - Anyone thinking about leaving
I have been in the OPD bucket for a good while now but I still see the writing on the wall that one day my time will come. Better to leave whilst I am ahead. Anybody else with this PA got the same thinking?
Overheard in Spring
Out shopping and overheard a teenager telling her friends her dad used to work there and it was “hella toxic”. My physician son warning me years ago to be careful because most of his patients who work at EM are suffering from stress related... — read more
Rising OFS Costs and Inflationary Impacts
We are hedging inflationary pressures by reducing total compensation and benefits offered to our employees. Next question please.
Permian Acceleration Question
No opportune to accelerate until we fix the talent problems. Executives have squeezed employees to the breaking point.. our degrees of freedom are limited due to executives driving attrition with their choices. We DO NOT HAVE CAPACITY ON THE MARGIN. — read more
Careful there Kathy
“Obviously I’d say” Why are we paying you so much if you are just going to answer the question with what is obvious? How about some insight for those millions we are paying you?
Permian Growth Question
Maybe if you treated your Permian employees better they wouldn’t all be resigning. You may be at headcount but the revolving door is impacting results.
Bonus for Executive Good. Bonus for employees bad.
Why are bonuses good for executives but not good for employees?
Policy Risk and Inflation Reduction Act
How is it these genius analysts don’t ask a question about policy risk for LCS. There was a huge pivot in strategy based entirely on the IRA. If law changes again the. We’ve made the wrong choice. Investments are being made based on government... — read more
M&A question
DW - our biggest divestment program is in the employee space. We have policies in place to divest of all employees in HC 10 as quickly as possible to bring unique value. We are being very strategic.
The industry is underinvesting
And ExxonMobil is underinvesting in their employees. Can’t get reliability and high throughput without employees.
Sharing our success with shareholders
But no mention of sharing success with the rank and file employees. Fu-k you executives.
Next investor question
I’d love to hear one of the investors to ask something like, “with the employee dissatisfaction, above average attrition, and continued knowledge loss, how do you expect to keep the business running and meeting market demands?” The investors should... — read more
Record Earnings
But still down 4% from 401k loss. I truly dgaf how we perform anymore because they dgaf about us.
3q22 Earnings Higher Than Ever...
... Payrises will be enormous!
Upstreamers - Who inspires and motivates you?
So I just want to check who of the leadership team inspires and motivates you? I’ve seen a few of the leadership team - LMM certainly doesn’t, Global Prj President seems driven by chase to the bottom. None of your leaders seem credible and seem to be... — read more
Demographics in the future
We always talk about the simple hump demographics where we have lots of people 55+ and then very limited people from 40-50 and then a ramp up in the 30-40age range. The way, it’s going, we will just have the 50 year age range and nothing from 20-50... — read more
Clueless executives think they are geniuses
Executives think they are the reason we are making money due to their brilliance and reductions in employee headcount. It is the few of us who haven't quit and are working 80 hour weeks that are making it happen and we have about had it. As soon as... — read more
American opportunity Index
Helpful data analysis as you seek employment elsewhere. https://www.americanopportunityindex.org/
No more cups on campus?
Is it true they are no longer providing cups on campus? WTF?
Compensation benchmarking
Anyone know how compensation benchmarking is actually done? Is a third party used? If so which one? I’ve heard they don’t consider variable pay just base salary when comparing which seems very wrong. Anyone know details of what os used?
Interesting job announcement
Looking at the job announcement board for this week and noticed a role Named “Work place violence and investigative lead” . They must be preparing for our new neighborhood work environment haha
DW- Stupid is as stupid does
It doesn't get any MORE STUPID than hot seating! Any more hateful to your employees! Please have the COURAGE OF CONVICTION for the employees to update the Exxonmobil declarations of CULTURE to reflect the current truths! I HAVE THE COURAGE OF... — read more
Level of employee discontent continues to rise
Seems we are about to reach a breaking point. I expect dam will burst with mass attrition of managers and supervisors. Supervisors are SICK AND TIRED of executive response to every problem being to “talk to your supervisor” when we are not empowered... — read more
Waiting it out is not a strategy
GP executives want you to believe if you survive the next few years of weeding out the true believers you will finally be rewarded with competitive pay and advancement. Hint. Not true. Don’t fall for it!
It’s time to stop talking about how bad things are.
I’m hoping we can put these topics to rest. For those continuing to post and complain about the toxic culture, the attrition, the poor treating of staff I really want you to understand the truth of what’s happening here. Management whether we want to... — read more
ExxonMobil announced a one off 0% bonus for employees worldwide due to record profits
This is unofficial, but I got it from a reliable source. Inspired by Total 1 month bonus and by Shell's 8% bonus, the executive committee is considering rewarding all employees worldwide with a bonus equivalent to 0%.
Toxic culture
Anyone has a non paywalled link for the 10/13 Bloomberg Exxon toxic culture article? https://www.bloomberg.com/news/features/2022-10-13/exxon-xom-jobs-exodus-brings-scrutiny-to-corporate-culture
Executives Ivory Tower arch Chamber
What will it take for our fu----g executives to step out of the ivory tower echo chamber and wake up? They all seem to be in disbelief or unwilling to accept how bad the situation is. Anything that does get in their radar like the recent news... — read more
Expect the U.S. to lose another 10000-20000 workers over the next 2 years
When you look at the annual structural savings they have announced they want to achieve ($3B+) versus what they have already ac, expect the high cost countries, particularly the U.S. to lose another 10000-20000 workers over the next 2 years. They are... — read more
Total announced one off 1 month bonus for employees worldwide due to record profits
https://www.nytimes.com/2022/10/27/business/shell-earnings-profit-oil-gas.html "Total, which has been hit by a strike by refinery workers in France, also said that it would reward all employees worldwide with a bonus equivalent to one month’s... — read more
Global Projects Forum
Tone deaf.
GP Forum
Thoughts?
the predominance of UK senior managers at EM
Saw this in an another post and it's so true. What is the reason for this? Perhaps it is just local US bias, and if I was in the UK/AP, I would be perceiving a bunch of US senior managers?