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re: BASF Geismar
Posted on 8/22/23 at 12:09 am to lurk9000
Posted on 8/22/23 at 12:09 am to lurk9000
Never worked a plant, just office job in upstream O&G and now downstream/chemical office, owner of one of those plants. That 120 to 180, do they pay people in plant that plus short term bonus of like 15% of salary, plus long term bonus of 20% of salary in equity/shares, plus 6% match on 401k, and health insurance like the office jobs do? Or is it just 120 to 180 and health insurance and no STI/LTI, 401k match.
This post was edited on 8/22/23 at 12:11 am
Posted on 8/22/23 at 3:43 am to Saunson69
quote:
Never worked a plant, just office job in upstream O&G and now downstream/chemical office, owner of one of those plants. That 120 to 180, do they pay people in plant that plus short term bonus of like 15% of salary, plus long term bonus of 20% of salary in equity/shares, plus 6% match on 401k, and health insurance like the office jobs do? Or is it just 120 to 180 and health insurance and no STI/LTI, 401k match.
I’d say the average right now is 10-20% yearly bonus, very good medical. 5-10% match on 401k, and a lot of places still offer some type of pension (usually cash balance). This is for an engineer level position. Once you start moving into supervision > superintendent > UM the bonus goes through the roof, but the salary doesn’t increase as much as you’d expect.
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