Thread regarding Weatherford International Ltd. layoffs

After five years of waiting...

I got a 29 cent raise. Wow. Not sure where I'm going to spend it all.

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| 2828 views | | 12 replies (last May 16, 2018) | Reply
Post ID: @OP+SRXLGgh

12 replies (most recent on top)

@SRXLGgh-2kev, just curious what is meant by merit exercise? You mentioned about receiving a raise outside of the Merit exercise. I thought a merit increase and a raise were the same thing.

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Post ID: @liph+SRXLGgh

@SRXLGgh-6uvg - just remember, when someone figures that out it won't be the manager who is left hanging

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Post ID: @6hla+SRXLGgh

My manager told me to add 10 hrs of overtime to my time every week to make up for the raise well screwing I got again from WFT. First job interview on Friday.

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Post ID: @6uvg+SRXLGgh

You could always find another job

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Post ID: @5qds+SRXLGgh

The raises were not even mentioned. And only 2.5 for a merit raise, they think highly of all.

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Post ID: @5ftu+SRXLGgh

Let’s face facts here, as a manager at Weatherford it was more important that I limit raises to an absolute minimum. This allowed me to hit my financial targets to reduce OPEX spend. This combined with cutting 18% of my workforce accomplished it. I mean, I had to do what I can so I could get my bonus. I’m being judged here as well.

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Post ID: @3fmf+SRXLGgh

There was a 2.5% Budget for the Merit Increases. If you received less than that here are a few reasons that might explain why.

  1. Poor Performance Review

  2. Compa Ratio too high (You’re over paid for your position)

  3. You recently received a raise

  4. You will be receiving a raise outside of the merit excercise

  5. Your manager doesn’t really like you but needs you so he gave you 1%.

I suspect number 5 and the remaining portion of your budgeted amount went to someone who doesn’t spend their workday on this site.

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Post ID: @2kev+SRXLGgh

I heard some people have to what another year. That person got a 4 on her review but others in her group needed more money so she got naught!

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Post ID: @2dfz+SRXLGgh

The big boys just leave their crumbs for us.

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Post ID: @1lwx+SRXLGgh

I feel so special. They do see the hard work.

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Post ID: @1dzp+SRXLGgh

Makes you feel really special doesn't it. Most people I have talked to received similar amounts. It's pretty easy to figure out, the work over the last 5 years had no bearing on the increase. It was just what this broke a-- company could afford to shell out. Also remember you still have a job , that's always the bonus at wft.

The best option is to quit or s--- it up for another 5 years , maybe you'll get the full dollar next time.

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Post ID: @eak+SRXLGgh

Not at the $ store for certain unless you save up.

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Post ID: @tej+SRXLGgh

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