ExxonMobil Chemical – “Older ExxonMobil employees need to question their annual reviews aggressively with Human Resources.”

Pros

Salaries tend to be fair for the industry.

Cons

Their ratings and ranking system has major problems. It is consistently used by management to trim the workforce of older workers so they can hire younger recent graduates at lower salaries. Older employees are considered to have lower" potential" due to their age. Most non-managerial employees retire between 55 and 60 because they receive ever more negative annual reviews.

Advice to Senior Management

Be much more diligent in insuring that managers do not use the employee rating and ranking system as a tool to meet buget targets. The system is draconian to say the least.