Heard from a credible source that raises will be 2-3% for the cycle. Don’t hold your breath if that’s what you’re waiting on to decide to stay…
17 replies (most recent on top)
Many people are just waiting until Jan 1 to get their vacation for 2022 and will then be jumping ship. Even more if the salary treatment is low. Such a slap in the face it would be for those employees who didn't leave and showed some loyalty to the company, only to get below inflation rate treatment, which would not even cover 2020/2021.. It will soon become clear.
National Salary Program will only be communicated next week. But even that only information for the supervisors.
Yes, yes, absolutely, ya’ll clearly in the know, that’s why you are posting it on a layoff website. Hopefully you leave the trough soon, it’s getting crowded 👋🏿
I had a sub 5yr employee tell me 15% … delusional. Lol!
@ejb+1dKuWkoX
This is a very important point. If you get less than 6% you have gone backwards for the 2nd year in a row. That would be a mass leaving event in my opinion, even worse than we we are currently seeing.
It almost doesn't matter what the amount is short of +20%: people's expectations have been raised enough that anything less than their expectation will be a disappointment.
It’s a 3% program. That means 3% of an organizations budget is allocated to raises. It doesn’t mean you’ll get 3%.
DW said that people would be encouraged by the upcoming salary treatment.
Maybe he meant they would be encouraged to leave the company.
More people will leave
The cost of living adjustment is about 6% for social security in 2022 so the company will probably try to match that and thinks that it is being generous. Minimal raises of 3% for 2020 and 3% for 2021 for those middle ranked people like myself. Total of ~12%? Either way it doesn’t matter because I’ll be taking the 3 personal holidays and a couple of weeks of vacation first of the year and then resign. Good luck everybody.
3% would have top performers leaving in mass in 1q
Darren said people will be encouraged by the salary treatment programs.
The FLS salary treatment program is 5%. I expect similar or slightly above for MPT which would match his comment in the forum
I did the illuminati math when I was dropping a duece
Gas price is almost or equal to milk. 2% milk. Raises will be 2%
It’s a 3% increase for the total salaries added up all together. But because we have laid off people and have had so many quit, the p-t is being distributed to way less people. It’s also going to not be distributed evenly. That being said, it’s still not going to be a 50% increase for me, so I’m quitting.
I’ve heard this on this website before. Planning basis for sites was 4%, which I thought was low.
I heard 3% is for o and o/d categories. 1%
for average performers.
XOM knows that people who are capable of finding another job have already left.
Those left behind will be happy with the bones that XOM throws at them. So, why would the company pay any more?
3%? That's an insult