Pros
Great pay and benefits including a pension and an annual bonus called the Chevron Incentive Plan (CIP).
Cons
Maddeningly bureaucratic, with a strong mindset among most managers to resist change, even though embracing change is a company value. It's a very technology-driven company, but ERP, IT and Finance support have all been offshored and/or outsourced, so issues are typically resolved slowly, especially since most service centers do NOT adapt their workdays to the U.S. I was with Chevron for nearly 20 years, and during that time I saw a disturbing change in developing talent. In the early days, talent was developed "from the ground up," with candidates rotating positions every few years as they slowly worked their way up the corporate ladder. These days, only a few young recruits, typically from Ivy League schools, are placed on fast track "development programs." The recruits typically rotate positions every six months, enough to gain a basic understanding of the position, but not enough to be a group contributor. This has caused resentment among some employees, as they are passed up by a "fast tracker" that often knows far less about the business than they do. I've heard Chevron's success with "development program" candidates is marginal at best, as a significant number resign and pursue more lucrative opportunities with other companies. Oil is a very complex business, and the new HR model appears short-sighted and ultimately will result in a less knowledgeable and certainly less dedicated workforce.