Median pay is highest in Farmington ($136K per year), followed by Anchorage (about $106K), Ferndale ($103K), and Midland ($101K). At around $71K, Bartlesville is home to some of the lowest pay in the country. By state, New Mexico offers the highest pay at approximately $119K annually.
Bringing in the most money are Petroleum Engineers — their earnings average $120K. Reliability Engineers are a close second at $119K along with Geophysicists ($113K) and Production Engineers (approximately $101K). Financial compensation for Financial Analysts is rather low — only about $56K — relative to the rest of the company.
Years of Experience
For those with one to four years of experience, paychecks typically reach around $77K. The largest fraction of ConocoPhillips Company people (28 percent) have been working for five to nine years and earn $90K per year.
Certifications and Degrees
Certified Professional Engineers have significantly higher pay than non-accredited workers at $127K. Piping Inspectors also rank high on the pay scale, with expected earnings of about $119K annually. ConocoPhillips Company workers who hold a Doctorate (PhD) are also well compensated, earning $151K on average.
When it comes to skills, Well Production Engineering seems to bolster pay the most; employees who claim proficiency also enjoy a median income of around $125K. Folks here also tend to know Project Management; on the survey, roughly a seventh of workers named it in their skills portfolios. Other top skills include Microsoft Office, Financial Analysis, and Microsoft Excel.
Benefits and Perks
Benefits packages do tend to lack paid time off; ConocoPhillips Company gives paid vacation days to one-half of workers and sick leave to 30 percent. Workers wishing to put aside retirement money are in luck; ConocoPhillips Company sponsors various plans such as a 401(k) plan and a company pension plan. Health insurance is part of the package for a strong majority of workers, and for a solid majority of workers, dental coverage is too. The company also dishes out perks such as life insurance, gym membership, and a company cell phone.