Employee Recognition
Pioneer’s WELL Done employee appreciation program is driven by both peer-to-peer and manager recognition. WELL Done allows Pioneer employees to recognize and reward their colleagues for outstanding work, especially in relation to our RESPECT values.
Total Rewards
Pioneer’s goal is to offer competitive compensation packages that are complemented by a robust offering of benefits and perquisites that attract and retain highly skilled employees. The components of our compensation packages are designed to reward performance both in the long-term and the short-term, through programs that consider both company and individual performance. Each Pioneer employee can influence their take-home pay through their performance.
Our compensation package includes:
- Competitive base pay offered to all employees
- An annual cash incentive plan that considers both individual and company performance
- Variable compensation plans denominated in company stock, designed to align the interest of employees with stockholders
Achievement and progress toward Health & Safety and ESG goals are accounted for within our annual cash incentive plan with a weighting of 20% (ESG and HSE metrics to 15% and 5%, respectively) of annual bonus potential for all employees.
Best-In-Class Benefits
Our employees are our greatest asset, and we encourage them to take full advantage of the array of competitive benefits and programs we offer. We set ourselves apart from other employers by carefully selecting vendor partners that deliver first-class customer service and by giving considerable thought to each detail within our plan offerings.
Our benefit package includes:
Two recent changes in 2022 include increasing the company match in the 401(k) Plan and eliminating employee premiums on the medical, dental and vision plans. 98% of the Pioneer employees participate in the 401(k) Plan and are preparing for their financial future.
On-Site Benefits
- Health Centers: Pioneer has two on-site health clinics that provide healthcare for both employees and their families that are covered by our medical plan. Medical services provided include preventative screenings, routine check-ups, chronic condition management, sick visits and urgent care needs.
- Daycare Centers: Employees in our Las Colinas and Midland locations have the convenience of an on-site childcare center that offers early childhood programs for their children ranging from infants to kindergarten preparation.
- Fitness Centers: All Pioneer office locations have on-site fitness centers for employee use. The fitness centers offer fully equipped gyms, as well as fitness classes, free of charge, to employees and their spouses.
- Cafeterias: All Pioneer office locations have on-site cafeterias for employee use. Our catering partners provide education and ample choices for healthy food options.
Focus on Mental Health
The COVID pandemic put a spotlight on the mental health crisis in a new and immediate way. The stress, anxiety, isolation and uncertainty of that time raised awareness and pushed all of us to have honest conversations about mental health. Pioneer has always been proud to provide our employees and their families with a multi-channel offering of resources to assist with achieving optimal mental health and well-being.
Examples of offerings include:
- Mental health services offered through the medical plan, with low out-of-pocket costs for in-network providers
- Access to behavioral health services, including access to licensed therapists through Teladoc (phone or video)
- Access to mental health resources in the Pioneer Health Centers (on-site clinics)
- Access to 1-on-1 peer support and/or daily meetings that are open to anyone looking for mental health support, quality of life and/or substance use concerns or support
