Energize Your Career
Your Career at Hilcorp
Hilcorp’s employees are the core of our culture. That is why we seek the best and brightest – people who embrace the entrepreneurial spirit and go to work every day with the attitude of a company owner.
Employees know that they are valued, full members of the organization, all focused on our collective goals. The evidence of our employee-centric business is in our high employee retention rate, our consistent ranking as a Top 100 Best Place to Work, and the testimony of our own employees.
Hilcorp’s Open Book Management philosophy means we empower our employees through transparency, autonomy, alignment, and ownership. The company presents employees with all of the information they need to make decisions and will meet our shared objectives. Employees’ expertise, opinions, and innovations are expected and highly valued. At Hilcorp, everybody creates, and everybody contributes.
We are committed to opportunities for everyone in our company. Hilcorp is an Equal Employment Opportunity and Affirmative Action employer. Race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy or maternity, national origin, age, marital status, genetic information, disability, military service or protected veteran status, and any other basis protected by law are never factors for employment decisions.
Compensation
Base salary
Hilcorp pays competitive base salaries to attract and retain talented employees. To ensure our program remains competitive, we compare our pay levels to peers in our industry and adjust our salary ranges to reflect the changing market. All employees’ salaries are formally reviewed annually.
Bonus Program
The Bonus Program provides the opportunity for employees to earn a percentage of their base salary if Hilcorp reaches its annual operational and financial targets. Working as an owner at Hilcorp means each employee has a direct impact on our bonus performance. Our annual target bonus is 30% of base salary with a stretch target of 60%. All employees are rewarded with the same bonus percentage. Hilcorp’s performance against these targets is shared regularly with employees during the company’s monthly open-book management meetings. When Hilcorp wins, we all win.
Buy-In Plan
The Buy-In plan is our unique long-term incentive plan that gives each employee an opportunity to build additional personal wealth directly from the success of Hilcorp projects.
There are two ways to participate:
- Grant Award Program – Hilcorp provides grant dollars each year to participate in Buy-In Plan projects. Immediately, the employee receives 50% of the monthly cash flow from their investment, with the remaining 50% vesting after 5 years.
- Cash Participation Program – Employees can invest their own money into Buy-In Plan projects with a 2-year vesting schedule.
BHAGs
Hilcorp sets 5-year Big Hairy Audacious Goals (BHAGs) and uses BHAGs to frame its annual plans.
If the company achieves the goals, all eligible employees receive the same reward.
The most recent award was $75,000 cash and $25,000 toward charities of each employee’s choice.
Join the Team
A job at Hilcorp is demanding and rewarding in ways beyond just a good paycheck.
Benefits
- Competitive 401k match
- 529 college savings plans
- Life and AD&D insurance
- Business travel accident insurance
- Talent scout employee referral program
- Educational reimbursement program
- Training and development opportunities
- Health plans through BCBS of TX with Telemedicine access
- Wellness Program
- HSA Bank Accounts with substantial company contribution
- Prescription, dental, and vision coverage
- Short- and long-term disability insurance
- Employee assistance program
- Generous paid time off
- 10 paid holidays
- Additional leave (parental, bereavement, jury duty)
- On-site gymnasiums (select locations)
- On-site health clinics (select locations)
- The Hilcorp Giving Program offers Employee Donor Advised Funds seeded with an initial contribution and corporate match, providing employees with the freedom to give to any 501c3 organization.
- Hilcorp Helping Hands provides aid to employees experiencing unexpected financial hardship.
- The dependents of full-time employees are eligible to receive the Hilcorp Scholarship Program, which may be applied to earn a degree from an accredited university, community college, or trade school in the United States.
- Hilcorp Future Leaders of America Scholarship Program awards scholarships to high school seniors in the communities in which we operate.
- Hilcorp Cares Marketplace Chaplains
Award-winning workplace
We think Hilcorp is the best place to work in the country, but don’t take our word for it. Hilcorp has been recognized by numerous organizations as one of the nation’s best employers. Our accolades include:
Best Small and Medium Workplaces in Manufacturing and Production™ 2023
Largest U.S.-based privately help E&P company by HIS Herold Inc.
