Pros
7% 401k match, pension, opportunities to work in different positions
Cons
The many cons of ExxonMobil outweigh the few pros. Honestly, don't be deceived by the 7% 401k match, pension, and talks about career opportunities. There are plenty of companies out there that offer competitive base salaries, 401k match and equity. If you want to maintain your sanity, STAY AWAY! Ha! 1. Ranking system - ExxonMobil evaluates employees on a relative basis. This means you are compared to your peers. You will be put on a rank list with other employees in your department (sometimes EVEN YOUR SUPERVISOR!). Your performance will be ranked relative to your peers and sometimes supervisor(depending on your work group). Sometimes it does not matter if your absolute performance has been stellar all year. You could receive stellar feedback all year and still be told that you did not perform well "relative" to your peers. Supervisors love this because anyone with a personal Vendidad can easily hide under the “relative” system. Oh, you did great but “relative” to your peers, you weren’t competitive. The implications of this is that you could end up in what the company calls "MLRP" program, which stands for Management of Lower Relative Performance. Usually employees that end up in the bottom of the list are put in the MLRP program and will be given options to resign and receive 2-4 months pay (depending on your role and how well the company is doing), retire (if you have obtained at least 15 years of service and age 55), or take a performance improvement plant (which most people don't stand a chance of passing). 2. Layoffs – do not be deceived by the talks about ExxonMobil not doing layoffs. That is a LIE! The company does do layoffs and hides under “relative performance ranking.” For instance, during 2020 covid when the energy sector was struggling, the company made a decision to force rank 8- 10% of its population in the MLRP program. This was a clear calculated move to reduce its workforce under the umbrella of “performance management.” New hires were not even given all the options of the MLRP program. They were told to resign. What’s messed up is that a couple of months before that happened, management was bragging to new hires about how new hires would not be ranked in this system for 2 years. And then all of a sudden, covid hit, the company did poorly and could no longer maintain its workforce. But because they have made so much noise to shareholders and the public about not doing layoffs, they had to maintain that image and hide under “relative performance” ranking. The company is a cancer, complete and utter joke. 3. Frequent Job Changes with minimal training & unreasonable expectations – ExxonMobil will sell you the dream that you will have plenty of opportunities to undertake different roles within your time with the company, which is true. However, note that the company does a POOR job at transitioning employees into different roles and providing training. You are essentially given opportunities with little to no training and expected to do exceptionally well. 4. Systematic racism – most times minorities and females are the ones who end up in the bottom of the rank list. So beware if you are a minority or female. 5. I could go on and on. Bottom line, STAY AWAY from this company. There are plenty of better, high paying companies out there. Don’t fall for so-called competitive pay. I can tell you, the company does not provide performance bonus. So you will be stressing yourself out ONLY to maintain your job and maybe get $50-500 gift cards here and there.
