I am not sure I totally agree with your statement that it is not earned. A CIP is earned and part of your compensation! It is even taxed like your normal compensation. According to the CVX internet, "The Chevron Incentive Plan (CIP) was developed to recognize yearly performance with the emphasis that we are one team focused on safe, reliable and profitable operations that enhances value to our stockholders. CIP is a variable pay program, which means the amount of the award can vary. It can be higher in some years and lower in others depending on the performance of the company relative to industry peers, how your business unit performs relative to other Chevron units and, for PSG 21 and higher employees in most locations, your individual performance"
Assuming you are a PSG 21 or higher, which is the vast majority of people in the company, it is calculated based on both company and individual performance. Just sayin