Thread regarding Marathon Petroleum layoffs

LTI Nomination Program for grade 11-13

Grade 11-13 are now eligible for an extra LTI bonus for “nominated” employees but the program is limited to 15% of eligible employees. Nominees for the program must be supported by the ELT.

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| 2821 views | | 14 replies (last November 3, 2023) | Reply
Post ID: @OP+1oWhxd6O

14 replies (most recent on top)

Is this a one time thing? Probably just for all the refining cubicle warriors.

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Post ID: @tcls+1oWhxd6O

Hummm

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Post ID: @tkln+1oWhxd6O

Company did a great job communicating this new retention program.

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Post ID: @frnu+1oWhxd6O

Oct 1 was filling day

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Post ID: @eyua+1oWhxd6O

Some (most/all?) people who are getting have already been notified. Email from fidelity coming any day now.

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Post ID: @8epc+1oWhxd6O

When will you be notified?

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Post ID: @7rgu+1oWhxd6O

can someone confirm the percentage of personnel affected? how many people are getting this?

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Post ID: @5cfw+1oWhxd6O

Is this only for refining or have other departments gotten it?

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Post ID: @5uys+1oWhxd6O

$15-$25k, vests over 3 years

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Post ID: @5zjc+1oWhxd6O

What is the dollar amount and what is the vesting schedule?

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Post ID: @5eoz+1oWhxd6O

When did this go into effect?

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Post ID: @5fif+1oWhxd6O

I heard it was 20% but I might be wrong...

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Post ID: @4haw+1oWhxd6O

Just another friends and family benefit. Leaders pick their favorites

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Post ID: @4cgj+1oWhxd6O

FYI - if you're reading this post, you ain't in that 15% jack.

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Post ID: @2fsf+1oWhxd6O

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