50-70% 2019 bonuses - Anonymous employee LyondellBasell Employee Review

2.0
Dec 26, 2019
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Strong public company; high EBITDA.

Cons

The CEO said that bonuses would be 50-70% of target because we *only* made $6 billion in 2019. That’s a dramatic, unjustified decrease from 2018 bonuses when the company did just about as well. If you are considering a job here don’t count on the bonuses - make sure you get a high base salary. Also - executives turnover is very high. If you are going to work with the executives realize that your man* may not be there for more than 2-5 years. *all executives happen to be male (except one).

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5.0
May 31, 2026
Recommend
CEO approval
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Pros

Great team, good benefits, good pay

Cons

None, maybe a little busy

avatar
LyondellBasell Response
5d
Thank you so much for the kind comments! At LYB, we strive to champion people, and feedback like yours emphasizes the importance of that commitment.
3.0
Jun 7, 2026
Recommend
CEO approval
Business Outlook

Pros

Great experience and well known chemical manufacturing, minimal layoff since org continuously runs lean, in office environment with heavy commute for most

Cons

Lower pay offering versus their competitors in chemical commodities or O&G, long hours expected for salary employees, extremely lean organization

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LyondellBasell Response
5d
Thank you for your review and for highlighting both the strengths and areas for improvement at LYB. We’re committed to ongoing improvement across the organization and will ensure your comments are part of that process.
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