Bringing in the most money are Petroleum Engineers — their earnings average approximately $120K per year. Reliability Engineers are a close second at $119K along with Geophysicists ($115K) and Production Engineers (about $101K). Financial Analysts make an average $61K, close to the bottom of the company pay scale.
When it comes to location, the highest average paycheck (around $136K annually) can be spotted in Farmington, N.M.; Ferndale, Wash. (approximately $103K), the company's headquarter city of Houston, Texas (around $101K), and Midland, Texas ($95K) are the next top-paying cities. High paychecks are not found in Bartlesville, Okla.; in fact, at about $78K it is one of the worst-paid cities. By state, ConocoPhillips Company pays its New Mexico employees the most; the pay rate there is $119K per year.
Years of Experience
Between the one and five year mark, median pay is $84K annually. Respondents who have been working for five to nine years make $94K per year on average. The largest slice of the ConocoPhillips Company workforce (27 percent) has been working for 10-19 years and earns, on average, approximately $112K annually.
Certifications and Degrees
Salaries approach about $130K per year for Certified Professional Engineers; non-accredited workers make much less. Becoming a Pressure Vessels Inspector can certainly pay off here; those folks make $119K on average. Employees who have a Doctorate (PhD) make the most here, hauling in around $151K annually.
In this role, the best-paying skill appears to be Well Production Engineering; individuals who claim it among their capabilities enjoy a higher median salary of $116K per year. One of the more prevalent skills at ConocoPhillips Company is Project Management, with approximately one-eighth considering it a key competency. Microsoft Office, Financial Analysis, and Microsoft Excel were also reported by many survey participants.
Benefits and Perks
45 percent receive paid vacation, and only 28 percent get sick leave. Employees can save for retirement by joining one of several savings plans such as a 401(k) plan and a company pension plan. Most respondents have health insurance, and benefits for a solid majority of employees also include dental insurance. Perks also include gym membership, life insurance, and a company cell phone.