Hilcorp is committed to retaining and rewarding our employees with innovative benefit packages and compensation programs. From health care insurance, to retirement and paid vacations we offer a wide range of Company-sponsored benefits to help our employees enjoy a balanced healthy lifestyle and a promising future. Employee benefits include:Health Care Benefits: Medical Coverage Prescription Drug Coverage Dental and Vision Insurance Flexible Spending Accounts Insurance Benefits: Life and AD&D Insurance Short and Long-Term Disability Insurance Basic Life Insurance for Spouse and Child(ren) Supplemental Life Insurance for the employee, spouse and child(ren) Financial Benefits: 401(k) Retirement Plan with Company Match 529 College Savings Plan Incentive Compensation Benefits: Buy-In Incentive Plan: To help our employees build wealth by granting them participation interests in selected company projects. Double Drive Program: Five-year incentive plan awarding eligible employees a $50,000 car if the Company's value doubles prior to December 31, 2010 (amount is pro-rata for those hired after 10/1/2006). Share the Wealth Bonus Program: This annual bonus covers all full-time employees paying up to 60% of their base salary if the Company achieves its yearly goals. For 2006 the Share the Wealth Bonus totaled 52% of an employees base salary.
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