I understand salary curves max out at about $350k per year. After that if you become an executive your pay is increased with stock. Can anyone confirm?
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To the poster that said US salaries are too high, seems you don’t know how pay works. The company pays only what it needs to in each regional/local market, including yours. They benchmark against Shell, CVX, etc down to the pay grade level. So they know exactly how little they have to pay to barely keep someone with a particular skill and xx years of experience. If the company tried to pay a US person a low salary like yours may be (vs US) then they would not be able to hire anyone in that market. And if you’re not happy with your low wage, consider immigrating. I hear the US Southern border is wide open :-)
LOL…I’ll never know. Stuck at a CL27 for 9 years…I’m just waiting to retire, but have another 6 years.
What a toxic corporate society you all seem to want to thrive in.
and a company that is the most despised in the world for decades.
wowser.
There are salary bands for Executives also...There are approved Promotion matrix on who gets promoted and when (based on Ranking and YEE and job specific criteria/limits). And there are guidelines on who get RSU and how much. Everything is Written down and put into a procedure and approved by Board...for staff and executives.
Very little opportunity for a supervisor or manager to sc--w up or have bias...Totally automated now.
@1fqn+1kV2OEzU I wish I could like this 500 times. The Annandale kids have a major case of main character syndrome.
Yeah I had that problem.
Have you heard of share buybacks?
Well they bought them back to give them to me, it was the only way to pay me.
@Yuk Yuk
I fail to see how the ILEU Prez and VP are sellouts considering the union membership had to vote on the proposal from the company. The members could've voted it down. As a shareholder, I feel the offer was more than generous.
P.S. Yuk retired.
ILEU pres and vp are sellouts. Get your 5 years and get out. Why would you do more then just a tech job? Sit around, do as little as possible like the contractors. Collect the paycheck. Start a business while you're on the clock. Use your time in Annandale to further yourself with something outside. It's easy money. I started an online business. No real risk BC I get paid and have healthcare.
ID: @1fbf+1kV2OEzU Company took your ILEU “ board “to the cleaners this last contract. Salary survey, your kidding right, still way behind the curve. It’s been a terrible 5 years, 6.5 will never make it up. This site is dying a slow death. Management never been this bad.
As @gjl+1kV2OEzU points out, yes there's another class of workers. We are often expected to not only do "just lab work", but do work of the MPT's as well. We're expected to be professional while working in a degrading environment w/o personal time, PPTO, any kind of flex-your-day programs, or any other kind of regard for our humanity. Most techs have to burn up vacation time just to go to the doctor, take care of family needs, or handle emergencies. We don't have offices, just desks in labs. A few years ago they changed rules so that we have to eat or drink while standing in the hall at our lab's cupholders. And breaks? hahahaha, good luck with that with the workload.
AND we are also on a lower pay scale despite these issues.
People wonder why the techs, especially the younger ones, are also leaving in droves? I think it's pretty obvious. We're not treated like human beings.
@@hrv+1kV2OEzU, welcome to the world of being a lab tech in Annandale.
US salaries are far too high versus ROW. Not a message you want to hear I know.
@hrv+1kV2OEzU imagine there being a separate, lower class of employees in non-MPT jobs. Now imagine that they are on different pay scales.
@hqf You’ve been working 15 years and only make $80k? And not an experienced hire somewhere from somewhere else?
Agreed, never had that problem...short by about 270K (after 15 years)
Yes, mostly accurate. The stock and cash bonus can be pretty big
Sorry. Never had that problem.