It’s Giving Season: Hilcorp Rewards All Employees with $100K Holiday Bonus

by Valerie Jones, Careers Editor

Nothing says Happy Holidays like an extra $100,000 in your pocket. Employees at Houston-based Hilcorp. Co., a privately-held oil and natural gas exploration and production company, can vouch for that.

As a holiday bonus, every Hilcorp employee – yes, all 1,380 of them – received $100,000, reported Fox4News. The hefty bonus was awarded because the company met a goal of doubling its size over a five-year period, according to the news station.

Though there was no response for my requests for comment from Hilcorp, I understand why. When a company does something positive, it’s always best if it’s a selfless act – sending out press releases and doing dozens of interviews doesn’t always come across as selfless. Besides, local media and national news outlets spread the word for them.

Hilcorp was ranked #36 on Fortune’s “100 Best Workplaces for Millennials” in 2015 and ranked #20 on Fortune’s “100 Best Companies to Work For” list in 2015 – the company’s third consecutive year making the list. Judging by that, it seems as if Hilcorp may be an okay place to work. Of course, I don’t work there so I cannot say that with 100 percent certainty, but … seriously, a bonus to the tune of $100K? I think I could find a reason or two to smile.

It’s been a tough year for the oil and gas industry, and that’s putting it lightly. So, if for nothing else, this story was touching and reminded us that yes, good things are still happening in this industry – and the timing is great. Hilcorp receptionist Amanda Thompson told the news station it was surreal and “a dream come true” when she received the bonus.

Regardless of whether employees choose to use their bonus to retire, vacation, make a special purchase or simply tuck it away in their bank account, arguably the gesture couldn’t have come at a better time … or in a better industry.

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