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Recognition and Reward Programs at Atwood Oceanics
Everyone wants to be appreciated so we at Atwood Oceanics look for ways to praise, recognize and reward our employees. We know that positive reinforcement recognition for a job well done is the top motivator of employee performance. So to help our employees perform better, here are just a few ways we recognize and reward:
- Length of Service Awards
- Quarterly Safety Awards
- Presidents Safety Award
- Rig crew employees eligible for seniority bonus pay of 5% of base salary following 2 continuous years of service
- Seniority bonus increased to 10% after four years of continuous service
Compensation at Atwood Oceanics
At Atwood Oceanics, our total rewards program is intended to be competitive with the offerings of other company firms in the offshore drilling industry and sensitive to the conditions and regulations in each of the countries and locations where we operate. We seek to provide opportunities to help employees manage work and life choices, including the safest work environment, training and development programs, recognition awards, competitive salaries, reimbursement for professional membership, seniority bonus for rig crew personnel, opportunities for incentives, as well as effective and competitive benefits, including health insurance coverage and an outstanding 401(k) retirement savings plan.
Atwood Oceanics continuously reviews and analyzes our compensation levels, pay practices and benefits to ensure that they are fair and competitive and help us attract and retain the best talent.