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Chevron and Saudi Aramco

   

Added on  2023-04-23

2 Pages801 Words382 Views
Chevron and Saudi Aramco
(i) Describe the position of Chevron in Saudi Arabia in relation to Saudi Aramco.
Chevron is a major player in Saudi Arabia’s energy market and is the only international
company that has exploration and production operations in Saudi Arabia. These operations
include both retail and marketing. Chevron hires qualified employees on a full-time basis in
Saudi Arabia. Chevron has supported some community projects, for instance, greening projects
to maintain a robust public relation in Saudi Arabia.
(ii) Discuss how Saudi Aramco should manage its local employees globally.
The current profile of Saudi Aramco’s employees comprises approximately 87% Saudi
nationals and only 13% from other countries. The benefits that are provided for the employees
include annual vacation, paid holidays, and retirement plans. Thus, to ensure that employees are
motivated to perform productively, management has earmarked various motivational and
incentive programs that include excellent and competitive compensation, a conducive working
environment, assigning responsibilities that balance work and family and accommodating
personal and professional lifestyle. This would make Chevron be identified as one of the most
productive and prestigious organizations to work for.
Individuals are employed to work in a specified capacity, and each is given his or her defined
responsibility. Based on this, each given employee authority defined in the employment contract
and the necessary resources meant to carry out the duties. Each employee reports to a manager.
The manager reports to a senior manager establishing the chain of command which links the
various employees to the managers of the company.
Saudi Aramco employees are paid very high salaries that are on par with the best paying jobs
in the world. Secondly, each of the employees working in Saudi Arabia has access to various
career development packages that enable people to improve their competency levels once the
company employs them through courses that offer international certification. Saudi Aramco
employees and their families have access to the best medical services with doctors that are
employed from the best universities in the world. Saudi Armco also has positive training and
services for women who are given very encouraging packages like scholarships once they start to
work for Saudi Aramco. These packages make the average employee of the company dedicated

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