Compensation Programs
We set high goals for our valued employees, but we also reward superior work with very competitive salaries and, in certain positions, the opportunity to earn supplemental annual incentives. Oil States plans, designs and administers competitive compensation programs based upon prevailing competitive market practices. Salaries are reviewed annually with increases based on individual employee performance and the external market value of the position.
Every employee plays a critical role in helping achieve the ongoing success and competitiveness of Oil States. Each employee’s contributions are key to meeting the challenge of building a strong and successful company. The Company’s compensation pay programs also provide certain positions an annual incentive to achieve specific performance objectives, thereby ensuring a clear connection between employees’ compensation opportunity and the Company’s strong commitment to performance targets.