Chevron has devolved into a dysfunctional bureaucracy - Financial Analyst Chevron Employee Review

-Constant reorganizations, downsizing, job offshoring make this a pretty stressful, unsatisfying place to work as a US based employee. -No rhyme or reason to the yearly evaluation process or raises/promotions. People are paid in payscales (PSGs), which are based more on luck and how well you've schmoozed than the actual job you're doing. One person may be paid $100k to do a job, get back filled by someone making $150k (cause that's what they made previously), and then the next person in the role may only earn $90k. I've seen it happen countless times. It doesn't matter how qualified you are to do a particular job, if you haven't locked in the next PSG you don't get paid more to do higher level jobs. I can't stress enough how damaging this process is to morale. -Ridiculous cost cutting at every turn. -Some people phone it in every day, and others at the same payscale work ridiculous hours. Again, pay has nothing to do with the difficulty of the job or how hard you work. I have friends at Chevron who spend half their day on the internet, others who work until 1 am several times a month. All get paid roughly the same amount. -Recent MBA grads keep getting stuffed into the career ladder at the mid-management payscales meaning nobody else has any chance at getting promoted above senior analyst roles. This is something that picked up steam around 2012 and has caused a lot of friction internally. Despite constant offshoring, they haven't scaled back on these programs. -People are streaming for the exit. Of the 20 or so people at my level that I'm friends with outside of work, at least 12 have said they're passively looking for other jobs--and 6 of them have left in the last 18 months. -The CEO seems like a good guy, but the vibe of the company completely changed when he took over a few years ago. Could just be a coincidence cause I don't have anything against him personally and can't point to anything specific.