So MW uses this analogy for our CIP/LTIP multipliers. Talk about mo--nic, missing the point, and tasteless….. https://www.youtube.com/watch?v=dZfGTL2PY3E Is the BOD watching these Townhalls. OMG………….This is our leadership??????
Money missing from HSA account, lately?
Check your accounts!! My contributions were missing since December of 2023. Called Benefit Wallet and they told me to call HR. First time, i called, they said that I was not the only one reporting it. They fixed it but not completely. So I called... — read more
Not a Fiduciary
Contrary to what people say and believe it's not a Fiduciary responsibility to the shareholders. No where in US law or in no court judgements does it say that companies need to maximize profits for shareholders at the expense of employees and... — read more
Town Hall Comment Thread
Share your thoughts as it goes along in this “open and unplanned” discussion LOL.
Who here said 0.5 - 0.7 CIP??
Recall the posts about a lower CIP, stated with certainty..."I heard...", "confirmed..." Etc? I know it's a free country, but fake news really the best use of this website? Please help to make this useful by stating facts. If it's not something you'd... — read more
0.95
Could have been worse.
0.95 CIP Factor
The news is out.
When is CIP factor due out?
I'm surprised that the CIP factor email isn't out yet. It's late relative to the past few years. Thoughts on the timing and guess on the factor? My guess is 0.9 and email tomorrow.
SkillsInsights & Assessments
Thoughts on the latest Skills testing and assessments for all roles in IT? Helpful? A trap? An opportunity to grow in the right direction? Data for future reorg / layoffs? Also wanting to hear from people in higher PSG that have been around for a... — read more
Things are looking good!
Chevron Is Coming Off a Record-Breaking Year. 2024 Could Be Even Better Chevron produced a record 3.1 million barrels of oil equivalent per day last year, fueled by acquisitions and Permian expansion. The oil giant also returned a record $26... — read more
Us upper management are loling out loud at this board
Dude, i’m gonna type as sober as possible, the posts are honestly looks fcking pathetic and digusting compared to my career. and I’m being one hundred percent serious. Sorry we dont do paper work sht that was perviously in powerpoint. you’re a f-king... — read more
Oil and Gas outlook
I understand Oil and Gas may be a dying industry.. but I'm one of the dummies that joined in the last few years from school. What level of sc--wed am I? Chevron has been around for so long, I assumed it would continue to survive at least another 40... — read more
How salary increase is determined
Can someone explain again how salary is increase is determined and what the relation is to structure %? Does employee performance rating make an impact? Being below or above midpoint of salary for your psg? It sounds like it's not as simple as... — read more
So are the Permian problems solved?
I remember in the past they used to show how current production compares to previous forecasts, that seems to have disappeared, but we are still sticking to the 1 MMBOED by 2025. So what gives? I think there is something hiding in the E part of... — read more
Deleted again, so reposting
“The oil major returned $26.3 billion to investors by paying out $11.3 billion in dividends and buying back $14.9 billion in shares last year. It did so even as its profit dropped about 40% to $21.4 billion from $35.5 billion in 2022.“
8% dividend increase, 2% salary structure increase
We value our employees!
What are the odds of leaving downtown Houston for a suburb Campus in the next 10 years?
Similar to Exxon in Spring, or the now old Chevron Park in CA, what are the odds Chevron ditches the pair of glass downtown for a more convenient space outside of the loop in the next decade?
What are our C-Suite people really like?
We hear stories about MW chewing people out and we all remember the legendary JG "Playing the Victim Card" moment but for those who know them are they normal people or as out of touch and heartless as they seem? What's it like dealing with them?
Executives initiate work from the luxury boxes
If you can't afford the skyboxes then you need to be in the office for a hand wave or two and business critical water cooler talk collaboration. Those who have access to luxury boxes are free to work from there!
RSU gut punch
The RSUs and Perf Shares vested today and the results are dismal. We are fourth out of five, almost dead last, in TSR and ROCE. What a ripoff. You nitwits and layabouts need to Do Bettuh!
Too many EEs!
My boss told me this afternoon the enterprise is seeing too many exceeds expectations in reviews, and that they need to start rounding down more. What could go wrong?
CEOs using RTO to mask poor performance / management
https://www.forbes.com/sites/qhamirani/2024/01/26/ceos-are-using-return-to-office-mandates-to-mask-poor-management/
Structure or CIP updates?
Somebody must know something by now.
Chevron old HQ in San Ramon to be turned into 2600 Homes and Condos in 15 Years
Just saw on local news that the Chevron HQ 92 Acre Campus has been rezoned from office to residential units. The demolition and buildout of the Campus is expected to take about 15 Years. Sniff Sniff I’ll miss you old Chev Park. Just like the old... — read more
Any guess or comments on 4Q2023 Earnings?
With earnings release this Friday, curious on any comments of potential surprise announcements. Anyone willing to share?
Chevron should re-locate its San Francisco Bay Area HQ.
Bloomberg article COLUMN: Chevron should re-locate its San Francisco Bay Area HQ. "Chevron Corp. has a strong a sense of nostalgia about its home base of California. In an interview with Bloomberg Television last week, Chief Executive Officer Mike... — read more
Hybrid attendance
Anyone know how many of us are hybrids? Is this elementary school-style of tracking that is coming in Feb meant to force many of us to quit? And what is the point of RTO, anyway? Quality of work isn’t, for sure. It’s already proven that it doesn’t... — read more
PB retirement celebration!
Any suggestions for farewell speeches?
I heard management will have dashboards to track hybrid attendance
Here comes the choke chains….. This is the surest sign LT has know idea how we work. Their whole job is to walk around and to watch people type. If they can’t see people type, what does LT do? The other aspect is the value of corp real estate. ... — read more
Skill Insight - Layoffs coming 2025?
Forced skill IQ measurement so management can decide what jobs you can do. And maybe to decide who to layoff?
ABU Axe Swinging
Rumour has it that ABU Management are thinking of swinging the axe. Blooted support function that could be offshored immediately saving costs. Watch this space...
Economy outlook?
Looks there is some other economic indication that is not visible to the mainstream/street but most companies are cutting back or going through reorg/layoff, from banking sector to manufacturing to technology, and to oil and gas. Wallstreet seems to... — read more
Massive Shell layoffs include clean energy
MW is lapping up the news about Shell whacking 15% of their workforce including a lot of greenies. It will be a fierce competicion.
Anyone else lose access to the network?
Apparently some IT wizkid deleted thousands of employees MS Azure credentials and now they all have to reimage their machines. LOL!
RTO is not a bad thing
I don’t mind going into the office to work, even with the pain of committing. I can surely get my core work done from home, but I believe the company is more productive when employees have to work in the office. The daily ease of interaction between... — read more
Chevron Delays Kazakh Future Growth Project Start-Up... AGAIN
Never ceases to amaze me that ALL delays on ALL MCPs were 'unplanned'; and I thought Australia was bad. EB removed just before prior delay announcement, no doubt they knew that delay was just the first bit of bad news. Now it's 2025 - what's the... — read more
CBU assets are up for sale.
Yep, it's official. Who is the buyer? How long do we have? Do you think we will be done quick or dragged on by the end of year?
Will AI affect Chevrons back office work force in 24 and 25 and beyond?
With all the AI talk on Business channels and so forth. Are there expectations this will impact Chevrons Employees? Specifically back office, coders and network security? Hec even the base business. Finding oil and developing?
Town hall request for questions
Is anyone really going to submit questions from their work email that actually get to the issues? They say they want open and honest discussion, but that sure looks like a trap to me. You want honest discussion, make an anonymous poll ev. — read more