Never figured out the whole dang CL. Always smelt funny like the "Stuff They Don't Want You To Know" sorta scheme.
38 replies (most recent on top)
CL26, 8 years w/company, PhD, 185K, 8", Top performer: Downtown and Downstream
Am I doing this right?
CL 26, 10 year work ex post PhD. Top Q performer, $205K plus RSUs.
CL 26. PhD. 5YEE. 185k. Downstream.
CL-27, EMIT, 234k —experienced hired 10 years., XOM 19 years, no degree, technical working Upstream projects for almost entire career, topped out in CL as no career path available and EMIT has only managers at 27 and 28’s. A few years to 55 hope I make it
If upstream curve becomes more similar to downstream curve, then upstream will not get pay raises for 4 or 5 years without promotion or increase in ranking. 2% inflation needed over 5 years to equalize upstream and downstream curves or upstream base salary cuts are needed. XOM has not in past resorted to demotions and base salary cuts, but times are a changing. One advantage of a base salary cut is it would encourage retirements, because 3 year average would drop.
CL25 10 years, IT $170k
Ask and they (your boss) will tell? HAHA! I’ve asked for my CL for the past 8 years and my boss had an excuse not to give it to me. Hell, I even asked HR to let me see my personnel file and got the run around. I finally got a promotion (to what?) I finally found out my CL then got dropped in ranking. What kind of management nonsense is that? Management and HR stink! But, then again morale is so low since jobs (and your private info) in HR are being moved to South America at such a fast pace why would they care to work.
I know an employee that worked three years without knowing CL so I believe you.
Below CL 30, the stock compensation goes only to the 2 highest quintiles and represents only 15 to 20% on base pay.. with stock price down, this has been cut in half.
CL 26, 19 years, all in downstream, chemicals, EMRE, and but now EMGP. Bachelor's in mechanical engineering. $195K
180k and CL26? You better be ready to be wiped out
Upstream, CL26, 10 yrs, $180k. I have a hard time believing folks who say they went 8 years without knowing their CL.
$180k, 15years experience, PhD. Downstream. CL26
I find it incredible that some people with so much experience don’t understand the fundamentals of the comp system.
The stocks are not worth as much as is being quoted and the issuing is not a given, they have to determine you will consistently perform at that level to get them. Then restricted for 3 and 7 years. They make up a very small element of my comp (CL27, 12 years and service function)
The salaries being shared here show the brutal financial reality - CL27, $200k+. You can get 5-8 comparative people in India for 1 in the US. The challenge is that there is a brutal correction in the US and Upstream after 15 years of being protected. Many of these jobs in Eur when to GBC in 2006.
7 years with the company and multiple supervisors. None would tell me my CL. I just found out on year 8.
$250k, CL27, 19 yrs experience, Upstream.
The salary is based on 3 dimensions: 1) CL , 2) performance within a rank group of similar CLs 3) YEE. Year end experience which is defined as (AGE minus 18) . The system rewards all experience including years n college or with another employer.
Those in CL25 with 3 years, are you talking about 3 years total experience or just with XOM? I got bumped to a 25 this year, making $130k. Almost 1 year with XOM, 4 years total experience.
Also, does anyone think we'll get salary treatments in January?
Any thought on how Chemical CL and pay are in comparison to upstream and downstream?
CL 25, PhD, 3 years, 150k, geoscience
CL28 upstream 175K doesn't sound real. More like 275?
First world problems. How are you all managing?
what is missing here is value of stock bonuses people start getting once they in CL28+, in early CLs you could get stocks too , but its harder as you need to be rank very high. in higher CL bonuses could add additional $100-200k + , effectively doubling your salary, plus the shares you get keep paying dividends for now.
I am surprised a these pay rates. Knew a project eng - 2 year degree, 20 years in industry making 180k not including bonuses. Seems like an operator would pay more.
There is signficant overlap between the salary curves for different CLs and there is almost a 50% spread between top quintile and bottom quintile curves within a CL. These overlapping curves and wide spread within CL can cause a highly ranked CL27 to make more than a poorly ranked CL28, despite the mid-point of the CL28 curve being 15% higher than the CL 27 mid point. Many highly ranked CL 29 make more than poorly ranked executives. Getting promoted can be a disaster. For example, a CL27 promoted to CL28, will often be ranked against very seasoned people and these people were previously high performers and highly ranked. Competition is very tough at CL 28/29. and a new CL 27 promoted into the group often falls in ranking (normally a full quintile and sometimes even more). The system rewards high ranking highly, a low rank get poor salary treatment to encourage voluntary termination
The upstream and downstream curves are narrowing. They were wide when salary surveys indicated need to boost upstream pay. Separate Upstream and downstream curves will probably disappear
CL25, upstream, 3 yrs, $140k
CL28, PhD, Downstream, 18 yrs with company, 21 total, $210k
Here’s my data but glass door has some as well. I am a CL28, 8 years with XOM, 15 years experience total, masters degree and upstream.
$175,000
also, there are 3 salary curves, A, Upstream, B, downstream, C, support services. A-Upstream is 20% more than B-downstream (yes, really), and B 5% more than C
Not a secret. People don't share theirs because they don't want you to guess their salary. There is 15% salary difference between average CLs. If you know your salary when you were average CL, (just hired or just promoted) you can calculate easily based on Darrin Woods' salary- no bonuses (CL 50). While in theory you can have a higher salary at a lower CL, it is not normal and usually corrected (you get promoted or the other guy gets fired)
Is there a correlation between CL and salary? Or could a lower CL individual possibly have a higher salary than a higher CL individual?
Historically speaking , depending on your profession be careful not to only focus on cl vs. your performance/ salary... If you are fortunate if you want to call it that and keep getting promoted to higher cl's at some point it can work against you as this is where some sharks will circle you, formeky known as peers and do a number on you and really by that point it's all about relationships and favouritism vs. absolute performance/results.
Job family doesn't determine your salary. the Function you report to however does influence in your increases.
CL, age (YEE), Job family and ranking determine your salary so ask your supervisor what your CL is and - assuming you’re at least Very Good performer - how he/she is working to get you promoted to the next CL. It doesn’t necessarily need to coincide with a new job but usually does. Only caution here is moving up CL can move you into a more competitive ranking group. I’ve seen folks drop several notches after promotions.
22: Fresh out of undergrad
23/24: Master's/PhD:
26-27: Where most average performing people end up.
30+: Executive level (300k+ salary)
You don’t need to know just know how much you get paid
Ask your boss and he will tell you. As easy as that.