This report analyzes and compares EOG RESOURCES' employee health insurance and employee benefits with its industry and in Texas State.
Providing a smart employee benefits package is critical for attracting top talent and retaining valuable employees. Today, employee benefits play a vital role when candidates consider accepting a job offer.
Many companies offer today over-the-top perks, like yoga classes, haircuts, catered meals, and acupuncture. In this report, we focus however on traditional benefits. It's a work in progress that we will expand and update on a regular basis.
This report contains the following sections
Career benefits
EOG RESOURCES has remarkable career benefits that have a great impact on employees' career. There are several coaching and mentoring programs, as well as onboarding program for new employees to help them fit in the EOG RESOURCES. remarkable tuition reimbursement programs are available for employees who want to get a work-related degree or a certificate.
- CAREER PLANNING: EOG RESOURCES offers superior possibilities for career planning to its team members. Whether it's an expert position or an entry-level position, EOG RESOURCES makes sure that every single team member takes the full advantage of superior career planning programs.
- COACHING AND MENTORING: By using a valuable coaching and mentoring program, EOG RESOURCES can determine what should every team member focus on to grow and increase productivity.
- DEVELOPMENT RESOURCES: EOG RESOURCES encourages its team members to work on their existing skills and gain new ones continually. By providing great development resources, EOG RESOURCES supports their team members on their journey to perfection. Employees have a wide range of great resources at their disposal for professional and personal growth.
- GED REIMBURSEMENT: EOG RESOURCES does not offer ged reimbursement.
- LEADERSHIP PROGRAMS: EOG RESOURCES offers a wide variety of remarkable courses and seminars for every team member who aspires to a leadership position. Employees are encouraged by EOG RESOURCES to grow as leaders and learn how to make tough calls.
- ONBOARDING: EOG RESOURCES is aware of the difficulties that new employees might experience when they join the team. That's why EOG RESOURCES has a good Onboarding program that makes sure the transition period goes as smoothly as possible.
- RECOGNITION PROGRAMS: EOG RESOURCES knows that dedicated team members are hard to come by so it has an excellent Recognition program for those who stand out and continually contribute to EOG RESOURCES.
- TUITION REIMBURSEMENT: EOG RESOURCES realizes that continuous education is a key to success so it has an impressive Tuition Reimbursement Program and pays full costs for college degrees or job-related certificates.
Benefit | EOG RESOURCES | Industry | Texas |
|---|---|---|---|
| Career planning Benefits | |||
| Coaching and mentoring Benefits | |||
| Development resources Benefits | |||
| GED reimbursement Benefits | |||
| Leadership programs Benefits | |||
| Onboarding Benefits | |||
| Recognition programs Benefits | |||
| Tuition reimbursement Benefits |
Healthcare benefits
EOG RESOURCES offers superior health benefits to its employees, of which some can be used by employee's family members. Besides an affordable healthcare insurance and a dental plan that includes recounstruction surgery, team members can enjoy EOG RESOURCES's superior maternity support program, nutritional and psychological counseling, and health plan incentives.
- COUNSELING: EOG RESOURCES does not offer counseling.
- DENTAL PLAN: EOG RESOURCES offers a valuable dental plan for its team members to take care of their basic dental needs. The plan covers preventive dental exams in full. Team members have an option to pay for a more inclusive dental plan with better coverage.
- HEALTH INSURANCE: EOG RESOURCES provides an excellent health insurance plan that covers all sorts of medical expenses for employees and their families, including hospital stays and surgical procedures.
- HEALTH PLAN INCENTIVES: EOG RESOURCES does not offer health plan incentives.
- HEALTHCARE SPENDING ACCOUNTS: EOG RESOURCES has a superb healthcare spending account available for their team members. Funds that are placed there are tax-free and can be used for medical necessities. Whatever money is left in the account at the end of the year is automatically carried over to the next year.
- MATERNITY SUPPORT PROGRAM: EOG RESOURCES offers an outstanding maternity support program which enables expecting mothers to access quality resources, administrative assistance, and support every single day.
- TELEHEALTH: EOG RESOURCES has implemented a superb telehealth policy for its members to use any time of the day, every single day. EOG RESOURCES covers all expenses of exams, doctor's opinions, and other services that can be done over the phone or via video call.
- VISION PLAN: EOG RESOURCES provides a superior Vision Plan covers all sorts of eye-related medical assistance for its team members, with an additional option for covering the costs of glasses and contact lenses.
Benefit | EOG RESOURCES | Industry | Texas |
|---|---|---|---|
| Counseling Benefits | |||
| Dental Plan Benefits | |||
| Health Insurance Benefits | |||
| Health Plan Incentives Benefits | |||
| Healthcare Spending Accounts Benefits | |||
| Maternity support program Benefits | |||
| Telehealth Benefits | |||
| Vision Plan Benefits |
Financial benefits
EOG RESOURCES offers superior financial benefits for employees and their family members. A superior 401(k) plan makes sure that employees have a secure retirement, while a generous, fully paid parental leave allows expecting mothers and fathers to enjoy their child's first year. Along with paid vacations, employees can enjoy fully paid commuting as well.
- 401(K) PLAN: EOG RESOURCES has an outstanding 401(k) plan is designed in such way that suitable team members can get the most out of it and enjoy many perks that come with it. For each employee's contribution of up to 6% of salary, EOG RESOURCES offers an outstanding program that matches it 100%, which is among the highest matches on the market. This way, 401(k) is the best option for employees who want to have a financial stability in their late years. There is no vesting period, so the contributions are immediately for the employee to keep right from the start. For those who need help managing their 401(k) plan, EOG RESOURCES offers individual financial consultations so that each employee can create a personalized investment plan.
- ADOPTION ASSISTANCE REIMBURSEMENT: EOG RESOURCES has a top-notch Adoption Assistance Reimbursement program in place for employees who are planning to adopt a child. Most of the adoption fees are eligible to be reimbursed by EOG RESOURCES.
- BONUS PAY: EOG RESOURCES has a suitable bonus plan that takes into account the individual efforts of a certain team member, as well as the results that those efforts generated.
- CHILDCARE DISCOUNT: EOG RESOURCES offers a valuable discount for primary childcare to its team members and enables them affordable prices.
- COMMUTER BENEFIT: EOG RESOURCES acknowledges the fact that some team members have high commuting costs so it offers them superior commuter benefits which cover various commuting expenses for trains and buses, as well as parking expenses.
- DAYCARE FLEXIBLE SPENDING ACCOUNT: EOG RESOURCES has a valuable daycare spending account that fills from each paycheck before taxes. This allows team members to partially cover costs of daycare while they are at work.
- DISABILITY: EOG RESOURCES has a good disability program in place that takes care of team members who sustained an injury or suffer from an illness that causes them disability. Eligible team members are offered a good coverage for a short-term disability that replaces a certain percentage of salary for a certain period of time.
- LIFE INSURANCE: EOG RESOURCES offers an exceptional life insurance program. It is one of the best in the country and offers free life insurance for team members. The policy pays up to three years worth of salary to beneficiaries. This exceptional life insurance package contains dependent policies as well.
- PAID TIME OFF: EOG RESOURCES has an exceptional vacation program for its team members with a great deal of paid vacation days. Team members can spend those days at their own pace, any time of the year. Various national and personal holidays are taken into account as well.
- PAID VOLUNTEER TIME OFF: EOG RESOURCES has a remarkable volunteer time off program for its team members. Aware of the fact that volunteer work builds character and widens the horizons, EOG RESOURCES stimulates its team members to use two paid days every quartal for volunteering purposes.
- PARENTAL LEAVE: EOG RESOURCES has a superb parental leave policy for eligible team members like new mothers and fathers, including adoption, surrogacy and foster care.
Benefit | EOG RESOURCES | Industry | Texas |
|---|---|---|---|
| 401(k) plan Benefits | |||
| Adoption assistance reimbursement Benefits | |||
| Bonus pay Benefits | |||
| Childcare discount Benefits | |||
| Commuter benefit Benefits | |||
| Daycare flexible spending account Benefits | |||
| Disability Benefits | |||
| Life insurance Benefits | |||
| Paid time off Benefits | |||
| Paid volunteer time off Benefits | |||
| Parental leave Benefits |
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