A company doesn’t find its way on Fortune‘s 100 Best Companies to Work For
list by skimping around bonus time. That goes double for Houston-based Hilcorp,
which landed at No.
20 on this year’s list on the strength of its generous bonus policy. The
company told us earlier this year that if employees meet certain goals, that
every one of them would receive a generous $100,000 bonus. Well, it would
appear that Hilcorp employees have fulfilled those goals because the firm just
issued the bonuses as an early Christmas present, according to a report on KTVU in
Houston. “It’s just a true gift and I don’t think that myself along with
everyone is not going to give less than 100% every day,” receptionist Amanda
Thompson told the TV station. This isn’t the first time that Hilcorp employees
have been treated so generously by CEO Jeff Hildebrand. Fortune
described the company’s attitude toward compensation earlier this year: A “we
are all in this together” culture, installed by Jeff Hildebrand when he founded
this oil and gas company in 1989, manifests itself in open book management, rich
bonuses averaging 33% of pay and outrageous rewards for meeting certain goals.
In 2011 every employee received a voucher for $50,000 to buy a new car, or
$35,000 cash (prorated based on hire date). Fortune has reached out to
Hilcorp and will update this story if the company responds.
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