Houston-based Hilcorp Energy Co., a privately held oil and gas exploration and production company, gave every employee a bonus of $100,000 for making the company’s five-year goals earlier this year, the Houston Chronicle and Fortune magazine report.
The goals — to double Hilcorp’s oilfield production rate, net oil and gas reserves, and equity value over five years — had to be met by the end of 2015, but Hilcorp hit them in the spring, according to the Chronicle.
Back in 2010, every employee received a $50,000 car or $35,000 in cash for reaching the previous five-year goals, according to Fortune, which named the company one of the "Best Workplaces for Diversity" for 2015. Over the summer, Fortune named Hilcorp one of the "Best Workplaces for Millennials," and the company ranked No. 20 on Fortune's overall "Best Companies to Work For" list.
Back in 2010, every employee received a $50,000 car or $35,000 in cash for reaching the previous five-year goals, according to Fortune, which named the company one of the "Best Workplaces for Diversity" for 2015. Over the summer, Fortune named Hilcorp one of the "Best Workplaces for Millennials," and the company ranked No. 20 on Fortune's overall "Best Companies to Work For" list.
"Simply put, we have an inspiring CEO. Jeff Hildebrand definitely sets the standard; he’s accessible, communicates openly and makes each employee feel valued with his actions." - Hilcorp spokesperson
Jeffery Hildebrand Amanda Thompson, who's been the receptionist for 10 years, told Fox 26: "Mr. Jeff Hilldebrand and our president Greg Lalicker, they are such amazing motivators. Some days I just kind of look down the hall and say I can't believe these are my bosses and they're the best." Thompson explained that the employees had been told that if they doubled the size of the company in five years, this would be their bonus. They did and it was. "We cried with happiness for each other, we hugged," graciously said Thompson. "It’s just a true gift," she added. "And I think myself, along with everyone else, is not going to give any less than one-hundred percent each day."
Hilcorp has 1,381 employees, including 439 in Houston, and each of them received the $100k bonus regardless of salary or position according to the reports. The company is building a roughly 500,000-square-foot tower at 1111 Travis that will serve as its headquarters. However, CEO and billionaire Jeffery Hildebrand has been tight-lipped about the project, which is on the site of the former downtown Macy's that was imploded in September 2013 to make way for the new building.
Click here to find out more about Hilcorp CEO, Jeffery D. Hildebrand.
Hilcorp has 1,381 employees, including 439 in Houston, and each of them received the $100k bonus regardless of salary or position according to the reports. The company is building a roughly 500,000-square-foot tower at 1111 Travis that will serve as its headquarters. However, CEO and billionaire Jeffery Hildebrand has been tight-lipped about the project, which is on the site of the former downtown Macy's that was imploded in September 2013 to make way for the new building.
Click here to find out more about Hilcorp CEO, Jeffery D. Hildebrand.
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