Report: Exxon’s coming pay raises for employees will come in below inflation Salaries are going to rise about 3.6% for employees who deserve the merit-based raises The largest increases are going to be going to those working in the company’s upstream division that drills for oil and natural gas Despite the company’s good year so far, Exxon’s coming pay raises for employees will come in below inflation, new reports suggest. Salaries are going to rise about 3.6% for employees who deserve the merit-based raises, reporting from the Seattle Times and Bloomberg says . The largest increases are going to be going to those working in the company’s upstream division that drills for oil and natural gas, the report says. Exxon spokesperson Casey Norton said: “Total compensation is highly competitive relative to other companies with whom we compete, both in the marketplace and for talent. Inflation is one of many […]