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ConocoPhillips

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ConocoPhillips reviews

3.5

66% would recommend to a friend

(312 total reviews)
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Ryan M. Lance

67% approve of CEO

56% positive business outlook

Reviews by job title

312 reviews

Reviews about "Compensation"

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3.0
Jun 6, 2013

Not employee-focused

Recommend
CEO approval
Business Outlook

Pros

Great facilities Work group was very helpful Great training programs for high-potential employees Open job posting system Good (not great) compensation package

Cons

Very rigid management Only the high potentials (young) get any kudos, when many good performers get left out of some of the rewards Attention is concentrated on the newer hires when it is the more experienced employees who really carry the load Many staff jobs are concentrated in Bartlesville, and there's not as much opportunity unless you want to live in Oklahoma.

3.0
Feb 2, 2013

Experience has been ok, nothing special

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

- New CEO Ryan Lance seems like he cares more for his employees than Mulva did. (example: he did away with Mulva's joke of a forced rankings system) (example: he recently raised the bonus target rate for certain salary grades.) - Good retirement (although not as good as Devon's) and health benefits/insurance. - 19/30 days (work an extra 30 minutes each day and get one day off a month & doesn't count against vacation days) - Good work/life balance

Cons

- The leadership in my department once told me that we do not make counteroffers to employees that have received a better offer for another company. Seems pretty foolish - Average raises usually are around 3.5 - 4.0 percent (can be more depending on rating) - Some departments like to "spread the wealth" so they will alter who gets the 1 and 2 ratings each year. For example, if you get a promotion in 2012, you would automatically get the standard 3 rating that year. It is very rare to get a 1 or 2 rating two years in a row even if you do the best work. - HR has just as much of a say as your supervisor/director does on when you get promoted. - Promotions are just 6%. I know for a fact that this is not the case at CHK or Devon. - We don't find the oil, we just follow everybody else to it.

4.0
Jan 27, 2013

Analyst

Recommend
CEO approval
Business Outlook

Pros

This company values work/life balance, has decent salaries and benefits, and is general not a bad place to work, especially if you are early in your career. If you pursue them and have great support from you manager and other people through networking, there are many doors available for advancement. This could mean leaving your current role and getting out of your comfort zone; but they are willing to train you if you show the aptitude and desire.

Cons

It seems some of the processes and procedures are dated, as if they are behind in the technology world we are in now. However, they are taking steps to improve this. Also, as probably in most locations, there is the good old boy mentality in some of the older leaders, as they continue to advance people based on other qualities not related to job performance.

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