Error

At Devon Energy, 96 percent of employees say their workplace is great.

EMPLOYEE RATINGS

     

This review is based on 2011 employee surveys, with a 95% confidence level and a margin of error of ± 1.57. It was published on Aug 21, 2015. 19400 Visitors

What Employees Say

This is a physically safe place to work.
99%
 
I feel good about the ways we contribute to the community.
98%
 
I'm proud to tell others I work here.
97%
 
Our facilities contribute to a good working environment.
96%
 
I am able to take time off from work when I think it's necessary.
96%
 

What They Do

We asked Devon Energy to explain what they do. Here is what they had to say.

We explore for oil and natural gas and produce those energy sources onshore in the United States and Canada. We are an "independent" producer, meaning we do not own refineries or retail gasoline stations. 

About this Company

Website: www.devonenergy.com US Headquarters: Oklahoma City, Oklahoma
US Sites: 22 Major Locations: Oklahoma City, Oklahoma; Artesia, NM; Bridgeport, TX; Cuero, TX; Midland, TX
Stock Symbol: DVN US Employees: 4143
US revenues: $17503 million Worldwide revenues: $19566 million
Employees worldwide: 5466 Founded: 1971
Industry: Manufacturing & Production

President and CEO Dave Hager interacts with employees

Perks and Programs

We asked Devon Energy to share a few programs they feel really capture what's unique about their workplace. Here is what they had to say.

  • Benefits and compensation package: Devon pays above the median range in base salary. The company's philosophy is that hiring and retaining the best requires a better-than-competitive salary offering. In addition to base pay, all employees are eligible for an annual cash performance bonus, and more than 50 percent of employees also receive long-term equity incentives in conjunction with the annual performance review process. Other benefits include an alternative work schedule, which allows employees to compress their 80 hours per pay period into nine days instead of 10, and a robust Employee Assistance Program, with numerous offerings including a free will, a concierge for elder care and a free phone consultation with an attorney on a variety of legal issues.
  • Fitness center reimbursement: Memberships to Devon's state-of-the-art fitness center in Oklahoma City are available to employees, spouses and dependent children ages 13 to 26 at $15 per month for an individual employee and $20 per month per family. Employees who work out five times or more per month are reimbursed quarterly, making their membership free. In the field, workout rooms have been added to five of Devon’s larger field office locations in Texas, New Mexico and Oklahoma. This is in addition to the field fitness subsidy of up to $40/month.
  • Near-site medical clinic: For Oklahoma City employees, who comprise about 44 percent of Devon's workforce, the company offers a near-site medical clinic for employees and their dependents. This makes a convenient way for employees to undergo an annual wellness exam. Many employees now use the clinic's doctor as their general practitioner. In addition, the clinic offers dermatology and allergy services, allergy injections and free cancer screenings.
  • Retirement programs: Devon offers a 401(k) incentive savings plan in which employees can defer up to 50 percent of annual salary and bonus (up to the IRS maximum of $18,000). Employees can choose the option to save through a traditional pre-tax plan, a Roth plan (after tax) or a combination of both. Devon matches 100 percent of the first 3 percent of compensation an employee defers for the first four years of their employment and 100 percent of the first 6 percent thereafter. In addition, Devon offers employees an enhanced 401(k) program with a company retirement contribution. This company retirement contribution is given to all employees regardless of their participation in the optional 401(k) matching program. This provides employees with a quarterly contribution of 8 percent of compensation into their 401(k).
  • Employee referral program: Devon’s Employee Referral Program is one of the best in the industry. The company trusts employees' judgment when it comes to finding recruits who will fit Devon's culture. Devon provides a $3,000 incentive bonus to employees who make successful referrals. More than $4.3 million has been paid in referral bonuses since the program’s inception in 2005. In the past year, Devon hired 188 employees after referrals and paid $560,000 in referral bonuses for those hires.

COMPENSATION BY THE NUMBERS

$91,220 Average salary and additional cash compensation for E&P Production Operators $211,676 Average salary and additional cash compensation for E&P Production Professional
100% 401(k) match of employee's contribution, up to 6% of an employee's salary 85% Company-paid health coverage for employees
85% Company-paid health coverage for dependents 20 hours Weekly hours at which part-timers receive health care coverage
$5250 College Tuition Reimbursement

COMPENSATION PROGRAMS

  • 401(k) or 403b plan
  • Pre-tax savings account

PERKS TO MAKE LIFE EASIER

  • Free snacks during the day
  • Subsidized lunch on a regular, daily basis
  • Personal concierge service
  • Discount ticket sales
  • Car wash
  • Dry cleaning
  • Personal travel service
  • Free beverages during the day
  • Take-home meals on a regular, daily basis
  • On-site package/mailing service
  • Fitness classes
  • Weight watchers meetings
  • Banking
  • Subsidized public transportation
A manager of reservoir engineering interacts with another employee

WORK-LIFE BALANCE BY THE NUMBERS

10 days Holidays & vacation days after one year of employment $5,000 Adoption benefit
60 days Job protected maternity leave

WORK-LIFE BALANCE PROGRAMS

  • Compressed work weeks (80% use it)
  • Lactation room(s)
  • Phased retirement planning
  • Elder care resources

HEALTH INSURANCE COVERS

  • Dental care
  • Prescription drug subsidy
  • Alternative treatments, such as acupuncture, homeopathy, or chiropractic
  • Vision care
  • Mental health care
  • Fertility treatments

ONSITE HEALTH BENEFITS

  • Breast cancer screening
  • Skin cancer screening
  • Blood pressure screening
  • Complete biometric screening
  • Subsidized offsite gym memberships
  • Prostate cancer screening
  • Cholesterol tests
  • Flu shots
  • Fitness center
  • Medical facilities
Inside Devon's WellCon operation in Oklahoma City.

Demographics

 
A discussion among co-workers at a Devon well location.

How to Get Hired

We asked Devon Energy for some inside information on how to get hired at the organization. Here is what they had to say.

What key characteristics tell you a prospective employee will be a great fit for your company?

Honesty, integrity, professionalism, loyalty, consistent work history, team-first attitude, collaborative nature and the ability to adapt to change.

What can prospective employees do to get your attention?

Having a well-structured resume, being prepared with meaningful questions, showing up with appropriate dress attire and making sure to do their research on Devon in preparation for their interview.

Are there any unusual or especially rigorous steps of your hiring process that candidates should be aware of?

Behavioral interview questions; some positions require Hirevue on-demand recorded questions/answers.

Are there any positions or types of candidates you are particularly focused on hiring in this coming year?

Innovative thinkers, technical professionals, specialists in geoscience, engineering, data science/Big Data, accounting.

 

What should interested candidates do to find out more and get started?

They can check www.devonenergy.com for more information about the company, or visit careers.devonenergy.com for an up-to-date listing of open positions and employee benefits. They can also visit our Linkedin page or @devoncareers on Twitter, as well as our Vimeo channel.

hiring Outlook

9% Job Growth 43 Average applicants per opening
6% Total voluntary turnover of full-time employees in the past year 53993 Applicants in past year
1187 Openings in past year 22% New hires by employee referrals

Follow Devon Energy

Related Companies