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re: BASF Geismar

Posted on 8/22/23 at 3:43 am to
Posted by nugget
Mostly Peaceful Poster
Member since Dec 2009
13905 posts
Posted on 8/22/23 at 3:43 am to
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.
Posted by Saunson69
Member since May 2023
2015 posts
Posted on 8/22/23 at 11:10 am to
No company matches 10% 401k

6% is highest any Chemical/refinery company (and I've interviewed with a ton) matches that I've seen.
This post was edited on 8/22/23 at 11:10 am
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