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Student’s Name Professor’s Name Course Number Date Chevron Corporation Employee Retention. Chevron Corporation is one of the leading profit making multinational energy company in the US. The firm has its headquarters’ at San Ramon, California with a global workforce of over 61500 working in various countries of the world. Chevron Corporation is ranked the second leading oil company by the Fortune 500 Magazine. The firm is primarily involved in exploration and production of natural gas, crude oil, gasoline, petrochemical products and other lubricants. Chevron Corporation is currently under the leadership of Jonn S. Watson who serves as the Chairman and the Chief Executive Officer. According to the fortune 500 companies, Chevron Corporation had made $ 113,118 million in revenues and $4587 million in profits as of the2016 fiscal year ("Chevron"). Despite having a new tagline, Power of Human Energy, Chevron profits has been on the decrease over the last three years. This may be attributed to their low employee retention. Chevron should therefore reconsider its options of giving its employees college tuition reimbursement to boost their morale and confidence at work. There have been frequent and persistent complaints from employees of Chevron Corporation who condemns askew attempts by the Company to blackmail and mask their will of college tuition reimbursement. Despite the efforts of the employees to ensure that the Company has reported substantial profits, the firm has refused to award them college tuition reimbursement. This has progressively escalated into a captious crisis in most organizations due to lack of immediate response (Aguinis, Herman, and

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