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Started By
Message
1
Posted on 12/10/15 at 11:08 am to RogerTheShrubber
quote:
That's how you motivate employees.
Yep, you "whip them with the check book".... LOL
Posted on 12/10/15 at 11:08 am to RogerTheShrubber
yup, reward motivates better than fear. Sadly 99.99 % of companies don't get it.
Posted on 12/10/15 at 11:09 am to RogerTheShrubber
quote:
That's how you motivate employees.
Yep, you "whip them with the check book".... LOL
Posted on 12/10/15 at 11:09 am to barry
quote:
The perks of working for a private company, no dumbass shareholders.
exactly. work for exxon and you can barely get a pair of gloves lol
Posted on 12/10/15 at 11:10 am to slackster
It's very true. One of my good buddies got the bonuses.
Posted on 12/10/15 at 11:10 am to Sparkplug#1
quote:
work for Hilcorp. They paid me $500 to say they paid me $100,000.
Posted on 12/10/15 at 11:10 am to dreaux
quote:
work for exxon and you can barely get a pair of gloves lol
no.
Posted on 12/10/15 at 11:13 am to MorbidTheClown
quote:The best system is somewhere in the middle, to be honest.
yup, reward motivates better than fear. Sadly 99.99 % of companies don't get it.
Posted on 12/10/15 at 11:13 am to Sid in Lakeshore
shut up. sounded good in my head lol
Posted on 12/10/15 at 11:15 am to knight_ryder
Capitalism sucks! Should of gave it to the government!
Sanders 16!
Sanders 16!
Posted on 12/10/15 at 11:18 am to knight_ryder
I know a few people who went to work for them a few years ago. Now I know why
Posted on 12/10/15 at 11:19 am to knight_ryder
Posted on 12/10/15 at 11:19 am to knight_ryder
A good family friend of mine owns his own oil company and treats his employees similarly. They all own part of the company and all receive over $50k in bonuses a year, not to mention their salaries are crazy. The receptionist makes like $150k. Its a really close knit group, great company.
Posted on 12/10/15 at 11:21 am to ForeverLSU02
hilcorp notoriously underpays their employees compared to the rest of the industry. they would have probably made more in the same time span working for someone else. essentially the bonus hooks the employees in to stay because they dont want to leave that money on the table.
Posted on 12/10/15 at 11:22 am to knight_ryder
Pffftt....I bought all of my subcontractors Yeti Tumblers
Posted on 12/10/15 at 11:22 am to knight_ryder
I know a guy who works for them.
He lives down in Refugio. $100k bonus goes a LONG way in Refugio. Holy cow.
He lives down in Refugio. $100k bonus goes a LONG way in Refugio. Holy cow.
Posted on 12/10/15 at 11:24 am to diat150
quote:
hilcorp notoriously underpays their employees compared to the rest of the industry. they would have probably made more in the same time span working for someone else. essentially the bonus hooks the employees in to stay because they dont want to leave that money on the table.
Really, I will let me buddies who work there know they are being taken advantage of. Of course, their base pay is at or above market and while the competition is slashing jobs they feel pretty secure but with the fact based insight you have provided they will probably walk out today...
Posted on 12/10/15 at 11:25 am to knight_ryder
That was months ago and for I believe a 5 year period
I'll keep my 20% per year
I'll keep my 20% per year
Posted on 12/10/15 at 11:26 am to barry
quote:
The perks of working for a private company, no dumbass shareholders.
That's a slippery slope. Very slippery. I know a guy who works for one of the largest private companies in the world. The lack of transparency and unilateral decisions can be scary and frustrating he says. Private company can shut down a location and be like "it's underperforming" with no duty to show financials and so on.
This post was edited on 12/10/15 at 11:28 am
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