Thread regarding Chevron Corp. layoffs

Nobody was dumb enough to retire or quit in 2020 with a package on the table all year. Even so, they would be CIP eligible.

If you left on your own terms or voluntarily termed, no CIP.

@1yzm, For R4 that would be 3 quarters; for most the last paid date was 14th of December, not through years end unless you are in a transitional role.

@1yzm, For R4 that would be 3 quarters for most, the last paid date was 14th of December, not through years end unless you are in a transitional role.

@1yzm, For R4 that would be 3 quarters, for most the last paid date was 14th of December, not through years end unless you are in a transitional role.

@1yzm, For R4 that would be 3 quarters, for most the last paid date was 14th of December, not through years end unless you are in a transitional role.

I bought Chevron gas once. Do I get CIP?

Can you calculate the sound of one hand clapping please?

Post from TheLayoff.com

Wouldn’t it be 23/24 if the year and not the whole year?

I made 5 times more on Bitcoin in last 10 days than the CIP for next year

CIP is regarded as part of your remuneration, it allows company to give you a bigger bonus for good years and not so much of a bonus for not so good years, If you are left standing inc EOI you get the CIP award in March as usual . Its calculated based on time at work for year which for R4 will be100%

I walked in the building once. Do I get a CIP?

You'll get 50% CIP for half year. I'm guessing further reduced by factor of .6-.7 lower corp factor, but hey, I'll take anything more!

You get credit for only the quarters completed in 2020.

It's prorated. you get it only for the quarters completed.

I quit 4 years ago. Am I eligible for 2020 CIP?

If you submitted an EOI and left the company that way? then you are CIP eligible.

Expect your Ruby Tuesday voucher in April

If I left on my own terms then I am not eligible?

If you are part of the 2020 special severance program, you are eligible for a 2020 performance year CIP award.