Inflation is 8.5%. MPC has records quarters and is on track for their best year ever. They better not be stingy come springtime with some weak a-s 3% raises. Time to pony up Hennigan! Heck, it might even help with employee retention - what a concept.
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No weak a-s 3% HERE, we are getting a strong 2%. LOL!!!!
Bye-bye
Resignations have slowed for now. I predict they will pick back up again in the spring after people are disappointed again.
Plan on no raises. He’s following the exact plan that he did at Sunoco. Freeze pay, then stop the company match on the 401k and no bonuses. Sunoco eventually brought the bonuses back and doubled the amount up to 26% but added matrix’s that are impossible to meet.
LOL!!!
NOT going to happen. Hennigan stated in one of the town halls that MPC does not give out inflation raises. He justified that statement by saying that they give raises when inflation is low, zero, and negative. Never in my 30 years have I seen zero let alone negative inflation so its just an excuse not to give bigger raises when they are due.