Panel to consider independent appraisal of Hess Guyana Exxon sees Chevron-Hess merger as disguised asset buy, say sources Hess Guyana makes up 70% of Chevron's $53 bln bid, say analysts Chevron, Hess see appraisal as irrelevant to arbitration... — read more
Nepotism and religious group result in bad culture in EMHC?
Just an outaider perspective. How can a ‘technology’ driven company be so backwards in thinking? Why is it considered normal to talk about religion, have fellowships based on religious beliefs and potential groupings based on what one believes in or... — read more
Investing in people BS
Investing in the chosen few. Secret nomination by invitation only training. https://www.linkedin.com/posts/mark-goykhman-74177410_i-spent-last-week-at-the-unc-executive-development-activity-7230024824327192576-_YHd
How to increase salary to $400k or more
What CL do I need to be to make more than $400k a year?
Carbon capture costs too high
So much for the Houston hub. I guess close down and turn off the lights and move operations to India! https://www.houstonchronicle.com/business/energy/article/carbon-capture-oil-texas-19656576.php
Disgusting CRO pay
This is immoral and evil. No reason for such a gal between workers and the CEO. Want to make as much money as a CEO does? Do you have 267 friends? You’d need to pool everyone’s wages to have as much as the average CEO earned in 2023, according to... — read more
How many HIPOs are there?
Seriously does anyone know how many 34 Potential + do we have? I heard about 400 which sounds like about 300 too many
Potential Setting
I’ve heard that this years Potential setting will be a bloodbath. We have too many people with artificially high Potentials and the word is HR will be culling it. Anyone else heard this?
2024 University Recruiting Targets
Anyone know what the recruiting targets are for 2024? Seeing posts on LinkedIn that recruiting is underway.
What’s the best way to sink your liar boss
What’s the best way to sink your boss who is a pathological liar, misleads you through out the year, double faced and says completely opposite things to you vs his boss, ignores KOs feedback and sinks you to the bottom and claims that you sunk... — read more
Succession Planning
Em keep talking about the importance of Succession planning but seen to have a stark lack of ready to go senior leaders who are ready to go. Just look at the Upstream; LM should have retired now; Look up GOS, JW should have retired a decade ago. Same... — read more
What keeps REs around…
I was thinking why all the RE folks are still hanging around working, when they could retire and do other things? I thought about this and came up with the following reasons - let me know if I’ve missed any A. Working is the actually the most... — read more
My ranking journey through the years. See if yours agrees.
My true take on ranking no matter what you do. excellent with distinction top 10% hipos and young employees ANY CL WITH A KISSING excellent 80-90 hipos and young ones LOW CL very good 50-80 30 years to 45 LOW TO MID CL good 20-50 40 to... — read more
How much does a Project Executive make?
More specifically in the downstream at CL 30 and 25 years experience?
New Insurance
Does anybody have any insight on this new insurance? Health and dental? Thanks!
HQ move to EMHC to encourage Pioneer Las Colinas Layoffs
Could it be the reason they moved to WMHC was to make it easier to lay off Pioneer people in Las Colinas?
And so it begins for Pioneer....
https://www.msn.com/en-us/money/companies/exxon-reports-59-layoffs-to-texas-agency-post-pioneer-acquisition/ar-AA1oGnbK?ocid=hpmsn&cvid=3d83a77a6658456cae04663d4f702f7b&ei=45
Ranking
Is it just me or has anybody else lost interest in what they're doing after the latest round of ranking?
Bozos or great managers?
Steve Jobs once shared some advice about the best managers: He said they're usually people who don't necessarily want to be managers. Jobs said in a 1985 interview that when he and Apple's other cofounders realized that it was going to be a big... — read more
Executive CL Levels
I recall changes were made to executive CL levels a few years ago. Anyone recall the changes?
PG&A drama
Word getting around that a PGA mgr slapped an employee. And hr didnt fire her but employee is pipped. Crazy that mgr handles the company reputation, who does that. So watch your rear end and dont report s**ual harassment if you want to keep your... — read more
The boomers have left the building
For all you boomer haters on this site, when are you going to realize that the boomers are mostly already retired? No boomers left to clog up the system. No boomers left to block your promotions. So please stop using that excuse for your lack of... — read more
Unemployment eligibility if you take PIL (Pay in Lieu) instead of PIP
Does anyone know if you qualify for Unemployment benefits in Texas if you elect for PIL (Pay in Lieu) rather than the PIP? Technically you “voluntarily resign” after the PIL period is over, but I wonder if anyone has still been able to qualify for... — read more
Waiting for the discount rate to drop so I can retire? Lump sum only.
Well if your like me near retirement hopefully you have everything ready to go. In am stuck at the moment like a lot of other employees because of the high interest rates. Right now I would lose 35 to 45 % of my lump sum payout. If the rate drops in... — read more
Post the reasons you were ranked where you were ranked
Include CL, rank you received, and reason they gave you for why you were ranked there. This should be hilarious
Unoriginal Executoves
Do our executives have any original thoughts? Seems they outsource all the thinking to consultants.
Wfh/fyd gone as of today
Our manager held a team meeting today on zoom ironically and one of the topics was the flex your day program. Essentially, no wfh unless there is documented approval from her via email and that it should be on a rare case basis. She essentially said... — read more
Lack of Career
What happen to giving existing employee who toiled away for years career opportunities? I noticed company hiring more people with less than 3 years of work history with no skills in the job. Didn’t even start them on the basics. Wow, what a... — read more
Is DE actually Scrooge?
Looking at executive compensation and at the same time watching elimination of employee match for charitable giving and volunteer grants. There is zero excuse for cutting these programs. Pure greed. Bloomberg should write an article
Downstream pushing out Upstream at EMHC
Anyone else noticed the multi year trend of downstream pushing out upstream people? Technical leadership as well as managerial. Some very ugly examples. Only reasons I can think of are: DW is putting his pals in key roles Downstream salaries... — read more
Companies cutting the fat. Let's see exxon do it. Not.
Companies Are Slashing Management Roles, Is Unbossing A Career Ki-ler? https://www.forbes.com/sites/lizelting/2024/08/06/companies-are-slashing-management-roles-is-unbossing-a-career-ki-ler/ It would make sense for this bloated company to do this... — read more
Withholding bonuses of CEOs when they hurt long term vaalue
So we saw BP do it with their former CEO and now we see Qantas do the same….i bet we don’t or even dare to think of doing the same when DWW damages our long term value. He is cutting costs beyond the bone, we have lost so many talent folks and more... — read more
Why aren’t we asked to give a performance review of our managers/supervisors?
Our supervisors can rank us, but we don’t rank them. Why? What if you are PiP’ed because your supervisor su-ks and wants you out?
Golden Pass
Bloomberg should write an article about Golden Pass. When first built was way over cost and schedule. Was never used and sat idle for a decade or more. Now project to reverse to export is way off on cost and schedule. Any accountability at the... — read more
A lot of work to do
Yesterday (Tuesday) we had a global IT forum. One of the female presenters showed a slide with IT personnel segregated by gender. Her comment was "Looks like we have a lot of work to do!" I keep thinking about her comment and just how asinine a... — read more
All in a days work!
In 2023, ExxonMobil CEO Darren Woods' total direct compensation was $36.9 million, which was 2.8% higher than the previous year. This included: Base salary: About $1.9 million Annual bonus: $4.8 million, down from $6.4 million in 2022 Total realized... — read more
Ranking Houston's 100 highest-paid executives: Guess who tops the list
Woods, Darren W. Exxon Mobil Corporation (NYSE:XOM) $36,919,898 McFarland, Mark Allen Talen Energy Corporation (OTCPK:TLNE) $29,574,742 Williams, Jack P. Exxon Mobil Corporation (NYSE:XOM) $22,937,316 Chapman, Neil A. Exxon Mobil Corporation... — read more
Work Smart and Hard
a lot of folks are working hard but not smart…look at the company holistically and where the good jobs are. Don’t go chasing after glorified titles where you have to do grunt work. Be selective in where you choose to go, which supervisors/managers to... — read more