I’ve heard that HR are looking at a mid year pay rise to keep up our lowly position and stop more attrition. Anyone else heard this or is this a jerk off?

Not unless the person pi---d me off and I have something scathing to say. There's literally no penalty to not providing KO feedback if you've gotten a request. If a colleague asked me for KO, I would just say OK to maintain a good working... — read more 

Between rising interest rates and increased inflation I'm not sure what is getting hit harder, the lump or annuity.

I worked at several O&G companies before I got a job here. I'm not an XOM cheerleader, but honestly, i haven't noticed that the atmosphere here is any more toxic than it was there. Or perhaps I'm wrong?

Looks like those eligible are taking retirement at quite a large amount. Between this and the number who will take the PIL instead of the pip one has to think the number they're trying to achieve is getting closer. Meanwhile those of us still... — read more 

EM has created a toxic work culture that puts employees in an adversarial relationship with the company and its leadership. We are at the point where our main concern in how to protect ourselves from our employer (false PIPs, getting rid of older... — read more 

We keep hearing about high attrition with no desire from EM to stop the flood of folks leaving. Seems like they positively want attrition. EM will only do something when; it’s impacts the bottom line. Have anyone seen where we have had to lay down... — read more 

To those always calling for the admin to remove a thread or comments, what’s your story? I’d like to know if you are XOM HR, concerned employee, or something else entirely. It’s usually just when the dialogue get going that someone is screaming... — read more 

What's your story?

Just last week a team mate of mine was laid off. He was a long timer and a good performer. Just a couple of months ago he was given a nice raise and we celebrated. Once again it has been proven that this company will have no mercy on those who have... — read more 

They are sending detailed reports by email each day to ‘Leadership’ with everyone’s badge swipes in and out to track individual team metrics for RTO. Watch out for those long smoke breaks and trips to the cafeteria. I’m sure this data will be used... — read more 

Seems like a lot of retirements are just the top of the iceberg. Expect a lot more as interest rates rise and the lump sum becomes less. What will become of ExxonMobil when a majority of experienced people are no longer with the company?

When will the PIP’s start? Earlier than last year?

Seeing a lot of negative posts about the beaumont chem plant. I’m considering a position there, is it really that bad? How does it compare to the refinery? How does it compare to Baytown? I’ve heard Baytown is really bad with backstabbers. Please be... — read more 

https://www.bloomberg.com/news/articles/2022-04-22/exxon-triggers-employee-backlash-with-rainbow-pride-flag-ban “The updated flag protocol is intended to clarify the use of the ExxonMobil branded company flag and not intended to diminish our... — read more 

Is SSHE or Global Security adding any real value in today’s market?

Can someone answer how pay in lieu of vacation work. What is the process for requesting, how does it get processed and when is it paid out?

https://www.irs.gov/retirement-plans/minimum-present-value-segment-rates - bookmark it. :)

https://www.yahoo.com/finance/news/jpmorgan-employees-describe-fear-god-222819365.html Read this…ExxonMobil was doing this within the last year and likely still reporting it. Don’t let them kid you - had a director tell me to make sure my team was... — read more 

Not sure if this was posted here in the past, but a great article from 1978……. https://www.texasmonthly.com/news-politics/so-you-want-to-be-chairman-of-exxon/amp/

Editor OilPrice.com Tue, April 19, 2022, 5:30 PM·2 min read The world’s newest offshore oil player, Guyana, is considering making a big move—one that could sideline Exxon from bidding on further exploration areas, Vice President Bharrat Jagdeo said... — read more 

If this is the situation at EM now, when the prices are high, then I can only imagine what everything will look like when the prices start to slide down... I hope I won't be here when that happens.

One of these days, EM Execs will realize that the entire BTC employee pool could have been a service hired through a contracting agency/engineering firm. Voila, all of BTC will be transitioned to contract staff.

The market was up about 20% in 2021. So if you retired in late 2020 with a $2 million lump sum, you are up $400K vs not having retired and slogged along at your desk. Plus you would have been paid a year of salary during 2021; let's call that... — read more 

For those interested, the IRS published the March interest rates used for pension calculation. For those that are thinking of retiring within a year or two and are considering to take the lump sum distribution, you’d be wise to pay attention to... — read more 

My group just got one Millennial and one Gen Z, both hired in 2022. Both of them are pretty solid, laser focused on work, heads down, I see no concerns. I think we'll be just fine and things will be just good in hands of our kids. I had concerns... — read more 

Does anyone know where to find the 3rd quarter interests rates? Nothing current beyond 2nd quarter on web site and the people at help desk are useless. The Federal Reserve site is too messy from what I was able to find. 2nd Quarter was 1.09, 2.72... — read more 

I understand not being completely satisfied with your job but leaving right now when things are good for a change makes little sense to me. If you are certain that you're not in the bottom percentile that will be affected by PIPs, why would you risk... — read more 

Do higher interest rates translate to a larger lump sum? Or is it the other way around?

I admired Linda’s emotion control. She did not lose it too much even after a couple of tough questions and comments on the union issues. Two weeks ago, Nic simply could not handle the heat and his Q&A completely went downhill after being... — read more 

A $4 Trillion Estimate by Exxon - this field is about to explode: https://www.reuters.com/business/sustainable-business/exxon-sees-carbon-capture-market-4-trillion-by-2050-2022-04-19/

Attrition is much cheaper than layoffs with severance. We are way over staffed compared to our independent peers. We are making profits due to the market, not our operating excellence. The unconventional development cannot justify the current outlay... — read more 

So here is some advice from a "senior colleague". Watch what they do and learn from it. When they ask you to do something that seems like low level grunt work, do it and learn everything you can from it. Look for way to make improvements and... — read more 

I know many had high expectations from record profits. Wasn't that a little naive though? It is sad that we still think that we are important to them and that the company is willing to share good results with us.

Don’t worry, the survey really is anonymous. Why don’t you believe that? PIPs are not layoffs. The ranking system is transparent, fair, and improved the workforce. Morale is very good. The reason people are leaving is because they want to be closer... — read more 

This ks what is wrong with the ineffective, meal and EM culuture-poisoned execs. We are losing necessary professionals that are necessary for our growth plans - like traders and business line experts - through a policy of encouraging attrition (what... — read more 

I noted one of the questions in the “ground breaking” survey mentioned “having fun”, I’ve also recently heard our manager mention having “fun” at work as well. Seems like some consultants have convinced XOM that this is a selling point lol. Does... — read more 

I am tired of the constant infighting and negativity in the Permian. People can’t seem to work as a team. Constant complaining about other groups instead of working together to improve things. There are some negative people who just need to go. If... — read more 

By Sabrina Valle 19 April 2022 HOUSTON (Reuters) - Exxon Mobil Corp. estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentation on Tuesday. That is about 60% of... — read more