#compensation

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Pay Cuts in Canada

SGL 15-18 have had their total comp reduced, although the company has done a good job at dressing it up as no big deal with their slide show. Basically, your vcip % goes down and your RSU % goes up and to help offset inbetween until those elevated RSUs vest there is a lump sum payment. However when you do the math the reduction in VCIP for the two lost years outweighs the laughably small lump sum payment, and the bigger the VCIP amount the bigger the loss. Further to that you lose some pension on your VCIP since that’s a smaller number now and SGL 17 and up loses their perq bonus. This was all announced the day after layoffs were completed. Congrats now you work for less, enjoy.


MW Your CEO is Laughing All the Way to the Bank! 😡

While you’re sweating it out, fearing the next round of layoffs, Mike Wirth’s raking in obscene cash $60 MILLION in 2021 (more than 50,000 Ecuadorians combined!), $29 MILLION in 2022, and a fat $32.7 MILLION in 2024 with a smug 19% raise. Meanwhile, your pay’s stuck in the mud. 😒 Chevron slashed 20% of you in February 2025 to “save costs” (boo-hoo, low oil prices), and now they’re plotting to axe 9,000 MORE jobs through 2026. But don’t worry, Wirth’s wallet is safe! 💰
Oh, and guess what? Critics say his bloated paycheck is tied to shipping YOUR IT jobs overseas with H-1B visas, spitting in the face of American workers. All while Chevron funnels millions to Trump-aligned causes. Disgusting. 🤮 Wake up, Chevron your loyalty to greed over employees is pathetic. This is for all you boot licking chevron employees that think you are untouchable….. 🤡#ShameOnChevron #you arejustanumberonaspreadsheet


Layoffs - Don't be the easy choice!

There’s been talk, from a source I trust, that leadership has been exploring workforce reductions. The numbers being floated include cuts of 15% up to roughly a quarter (25%) of staff under each director across most departments. The focus appears to be aggressive cost savings, and part of that includes looking at compensation levels and where employees are in their career timelines. Officially, they can’t say that’s a factor, but it’s being quietly discussed.

What’s even more concerning is that some highly skilled employees are being targeted not because of performance, but because they don’t fit in with their immediate manager’s preferences, push back against the status quo, or are seen as difficult simply for having a different perspective. If someone isn’t aligned with their leader or is viewed as inconvenient when numbers need to be met, they become an easy choice.

It’s incredibly hard on the people who consistently show up, do exceptional work, and still go unrecognized especially when they’re not being supported or advocated for by leadership. This year feels different. The impact will be left on the shoulders of the people that are left behind, overwhelmed, burning out, and losing their sense of pride in the workplace. But with cost cutting being seen as 'essential' to the business, this is the direction things seem to be heading.


Where else can I get paid this well?

I am a P4 at the top of my salary band, making $175k base and about $50k bonus the last few years. I’ve been with the company awhile so I have great PTO, and I have always been a top performer. The recent culture shifts and in office expectations are a drag, and my workload has greatly expanded as we have eliminated many people on my team due to location strategy and not replaced them.

What are the odds that that I can find a job at another company that pays this well but has a better employee centric culture? Where should I look?? I’m in a moderate COL market.


Q3 Bonus %

Will someone please post what the Bonus payout percentage is, if it was emailed yet or when they do send it? As someone that was laid off this summer, we’re eligible for pro-rated payment and I’m curious where it’s sitting at as of Q3. I saw a post about the GTH and usually they release it around the same time but haven’t seen anyone mention it.


Perrigo Vermont will pay 52 weeks while legacy sites got nothing!

As Perrigo continues to slide despite laying off hundreds of people and affecting many families they are now advertising that they will give 52 weeks pay to anyone who stays on at the Vermont site until 2027. Considering long term employees received 1/4 of that (or perhaps nothing going forward) its shameful.

https://www.samessenger.com/news/business/perrigo-georgia-hiring-operators/article_f845eed2-e6d4-400f-b38b-591e6ba0a29f.html


DO NOT WORK HERE

Quite possibly the worst run school division in America. Gutless leaders who have no concept of how to support the sanctity of the learning environment. Their policy is to literally sacrifice the all for one.

Teacher support and retention is negligible. To make matters worse, their compensation is about 10% lower than it’s surrounding school divisions.

Just look at all the openings on their website. Mess beyond belief. STAY AWAY!


Some nerve!

Reducing our paycheck amounts in 2026 with this 27 week pay period non-sense, increasing our out-of-pocket health care expenses and still pushing us to buy EH stock because nobody else wants it??? Seriously Executives, stick your head out of your million and billion dollar bubbles and see how everyone else is trying to survive with the low merit increases and next to nothing AIPs now. Buy EH stock with what??? We don't have anything left at the end of the month after we pay our bills thanks to the C suite pocketing all of the company profits.