ConocoPhillips provides world-class benefits and performance-based compensation packages that keep your goals in mind. Our flexible benefits plans help you meet individual and/or family needs and balance your life/work priorities. We care about your health and well-being and offer onsite programmes and amenities wherever our locations allow.
We know that when people feel rewarded, have peace of mind and time to enjoy life, we all do better.
Supplemental Health Care
Designed to supplement health care services provided through the public system.
Provides for health care services and supplies such as prescription drugs, semi-private hospital rooms and ambulance services.
ConocoPhillips pays 100% of the premium
In provinces where premiums are required, the company pays for 50% and employee pays 50% portion through payroll deduction.
This plan is designed to provide you and your family with a dental care programme ranging from cleanings and fillings to major services and child orthodontics.
100% of the premium is paid by ConocoPhillips
Vision Care Plan
Coverage is provided for you and your family for vision care expenses.
100% of premium is paid by ConocoPhillips
This plan provides you with income protection for illness or injury not related to work for up to 52 weeks either at 100% or 75% of base pay, dependent on years of service.
Provides a benefit equal to 70% of your pre-disability monthly salary to a maximum monthly benefit of $16,000.
Cost sharing between ConocoPhillips and employees; 75% company-paid; 25% employee-paid.
Health Care Spending Account
Provides the option to allocate company contributions from the savings plan to a non-taxable Health Spending Account to cover eligible medical and dental expenses above the maximum of those not included under the health and dental plans.
Employee life insurance – Provides coverage equal to two times your annual salary.
Family life insurance – provides coverage of $5,000 for spouse and $2,000 for each child.
Basic Accidental Death & Dismemberment (AD&D) Insurance – provides coverage of two times your annual salary.
Defined Contribution Pension Plan
ConocoPhillips contributes 5 percent, 7.5 percent or 10 percent to the plan, based on years of company service.
Employees are vested after two years of continuous service.
ConocoPhillips contributes 6 percent of employees’ eligible earnings. Employees may direct the contributions to a Health Spending Account, Registered Retirement Savings Plan (RRSP) or a non-registered savings account.
Personal Development Account (PDA)
ConocoPhillips contributes a flat dollar amount to each regular full-time employee’s PDA.
The PDA can be used to reimburse expenses for approved items in the following five categories:
Fitness and Health