Whoever comes here for official news is a fool. This is an anonymous forum. Anyone can come on here and sprout nonsense. Why assume fake news only come from the outside? There are more people on the inside who would benefit from you leaving because of fud. Never believe all this we are ExxonMobil phoniness
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Congratulations refinery engineer on escaping this sh-t show! Wishing all the very best. We Were ExxonMobil before DW destroy it all.
3 years+ engineer in refinery side earning 74k per annum. Managed to get 84k per annum as a consultant with another company. I only requested for 10% increase in my expected salary so imagine my surprise when they gave me 15%.
Good luck to all and all the best. We Are One ExxonMobil
Younger employees are still struggling with the low pay. Receive civil service pay but with the same employment risk as investment bankers.
People will still continue to leave. The push factors are much much much deeper than AWS.
Full of fake news and hypocrites on this forum.
Quit lah.
There’s no more learning. Now
It’s just fire fighting after fire fighting.
The email on AWS doesn’t say much, other than the company wants to cap the AWS upside for the employee (max 3 months) in good times while trying to not even pay out AWS in bad times. DW’s idea of winning.
Can't agree more.
While the forum focuses on salary increment, AWS and benefits, the learning experience is often ignored. The company is becoming ever so beurocratic with its multiple supervisory and managerial layers. Most of the positions are meaningless, merely serving as a coordinating role. Focus is often creating work processes, improving it or abandoning it later in name sake of optimisation. There is always new initiative around the corner and big acronyms and hype around something. Rarely anything is sustainable. Managers and supervisors often don't stay long enough to create meaningful changes. Often they come, gain the experience and move on to do something else. Let's play a scenario. Oil back to $100 - no issue! Plenty of money to spend and sc--w up. Let say oil is $40 on steady state in next 10 - 20 years - I think we would have a hard time adjusting to it since we spent money like oil is at $100. We are only good, because of high oil price. Just a down tick of oil price like in recent times, we took so drastic measures tells how unsustainable the way company is being managed. Are we improving? I don't feel so. We continue to dance around the issues, charting so called strategies, justifying all the numbers to look better just so every of us will be acknowledged in the next ranking cycle. Who cares about the truth anymore! Take care of own rice bowl first and continue politisizing matters!
@5bbvh+16zEvLP3
Well said!!! That is exactly happening in EM. Company thinks the salary package is competitive.. it is only true for managers whose CL is 26 & above. Those general managing skill set is not so relevant to outside market to find the same pay so they are not going to jump the ship.
Entry level pay for fresh graduate is not even competitive like government sectors. Furthermore, with recent pay freeze, minimum promotions and yearly 8%PIP, company can’t attract talent compared to booming industries like Fin tech, Semicon and pharmaceutical in which, they can offer more increments and new position as promotions since the industry is expanding.
Frankly speaking, it is not like 10 years ago, EM is not first choice for 1st class honours graduates. It is very critical to retain existing top performers as well as to attract 1st tier younger generation if don’t want to be another blackberry down the road after 10 years.
@5bbvh+16zEvLP3
But can these other industries pay a mid-40’s to the tune of $500K pa (not including stock options and other executive perks) - like what our younger DMs are getting?
Nothing beats oil money (yet) at the higher echelons.
Read:
https://corporate.exxonmobil.com/Sustainability/Sustainability-Report/Governance/executive-compensation
Good news got AWS this year. Maybe pay rise next year, maybe a promotion. Jump jump jump@@
The crisis woke up many people, there are better jobs outside, in assets light industry and booming e-commerce, finance, fin tech, data analytics, machine learning, AI, consultants, bio refining, trading etc….the risk they manage also very different, as compared to oil and gas, real real safety, one big incident can wipe out whole site. There are also the many jobs that not around 10-20yrs ago, so it is whole different game to attract talented people, the job market landscape has changed so much. Why consultants are so popular and can make good money, because most companies outsource, and consultants organisations very lean, operating cost is nothing except some people salary, electricity and good coffee. So folks here after 10-20yrs, basically cannot catch up the speed of change outside, have to stay, more than 20yrs planning for cruising through to retire, the younger one still wondering why so many people left, the fact is there are more jobs paying higher outside, but if you already earn at more than 10k base, then option is less because those require more business skills, p/l management, or very hardcore technical skills, eg. offshore civil, plant designing, energy consultation, that kind of niche market, otherwise our general management managers cannot find a match outside, because it is purely manage, most of time not business but people. So question is if a company cannot attract good talent, then how can it become superior company, eventually the falling into even poorer managers as what you get now is lower tier talent, good one at Google, Facebook, Apple, bank, MS.
Congrats! Everything as per normal AWS, increment.
@5bqrq+16zEvLP3
My current boss became a DH before his 37th birthday.
I would encourage every one to pursue, or better that!
And he was a millionaire (cash-wise, not assets) by then too.
@5bhlr+16zEvLP3
So cheapskate !!!
Looks like this year's AWS is to appease employees after HR notified an ongoing pay review earlier this year. Who knows what will happen to AWS next year...the story to be continued
Join me at Shopee :)
After quiting will Singtel discount for your personal phone contract still remain?
Something is coming to cut next year bonus and adjusting our base pay. Stay tune!
PIP will not remove, this is a new good tool.
June 21 (Reuters) - Top U.S. oil producer Exxon Mobil Corp (XOM.N) has kicked off a yearly performance review for U.S. staff, a process some workers dread because they view it this year as a prelude to stealth layoffs.
The evaluations are expected to assign about 5% to 10% of the workforce to performance improvement plans that can lead to forced departures for those unable to achieve managers' goals, according to a person familiar with the process.
Exxon last year targeted 8% of U.S. employees as low performers - up from 3% historically.
By 2040 I expect to have multiple times my current salary based on average 10% increment projection
@5bejk+16zEvLP3 Sure, go ahead and use insults when you can’t debate. For sure they won’t touch this year’s AWS because it will be unfair. But everyone is more concerned about next year’s right, and the email doesn’t say anything except please stay with us- we will let you know when there’s anything new to let you know. This is a bu-----t email if you ask me.
HHH! AWS and >10% increment coming... Lets hope next PIP to be removed...
Stop trolling, why don’t you ask about increment in 2030 or 2040? D-mb
Does this mean increment is confirm back for 2022 ? Or HR just highlighting that we need to wait for benchmarking?
What about next year. No confirmation right? That’s where Thai HR comes in?
"We recognise there are concerns over this year's AWS and would like to inform that this year's AWS will continue to be administered as it has been in past years"
"We anticipate 2022 will follow our typical annual salary and promotion process, with industry benchmarking informing decisions about our 2022 salary program in advance of Jan 1 effective date. As per our normal practice, we target to be competitive on total cash basis"
HR announcement.
Now we can finally see all the trolls spreading fake rumours in this thread.
Told ya AWS and Increment to come! Continue spreading your stupid fake news laid off people
you got arrowed to do damage control here ar? the only solution is to be clear on AWS and increment, just send the email and people will just do what they need to do for themselves.
I am a supervisor and I don’t hear anything about increments for 2021 at all at. Let’s not spread such rumors here already…
59rit+16zEvLP3
Are you so naive to believe you are making more money than everyone else? You should have been pip’d first.
Right unless the a-s your kissing leaves or retires.
Ex------t is what we get, not increment
Everybody wants an increment.
But sadly, for 2021, that’s reserved only for the creme de la creme.
If you’re not in that group, then it’s just too bad lor!
LLST :)
Long service award- PIP
Increment for Outstanding! The rest you should know where you stand.
can’t wait for 3 months AWS and increment this year!
Don’t hate the player, hate the game. It’s always well known that you kiss the right a-s, you are going to be unbeatable, and everything will fall into your lap- RSUs, expats, etc. what’s new? Other than the impending AWS cut?
It is true that the top 10% performers receive EM stock options each year.
This provides them a choice to either convert the stock options to EM shares, or to encash it, over a 10-year validity period.
Is it true that top performers have mid cycle increment?