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Exxon’s Meager Bonuses Make Attracting More Traders Difficult

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Exxon Mobil’s ambitious expansion in trading is running into a thorny issue: whether or not to pay traders millions of dollars in performance-related bonuses

’s ambitious expansion in trading is running into a thorny issue: whether or not to pay traders millions of dollars in performance-related bonuses.

The Texas oil giant is hiring traders and support staff for its new global trading division, but doesn’t currently pay the large cash bonuses linked to trading profits that are common across the industry, according to current and former employees who asked not to be identified discussing internal company matters.

 

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