People at Tullow Oil have rich reserves of loyalty. Staff turnover is very low, at just 2%. It is easy to see why employees don’t want to leave a firm that offers them a good benefits package and a healthy work and life balance, all under strong leadership.
Tullow Oil is one of the largest independent oil and gas exploration firms in Europe and people are very proud to work for the organisation, which also operates in Africa, Europe, Asia and South America, giving an 89% positive score.
People are stimulated by their work (80%) and they don’t get bored by it (76%). They would not leave tomorrow if offered another job elsewhere (88%), ranking the company 16th for this.
More than half the staff earn in excess of £55,000 and 26 out of 95 take home more than £100,000 a year. People feel fairly paid for the work they do compared to similar companies, giving a positive 74% score. Everyone gets performancerelated pay and employees believe their hard work is recognised by managers (76%).
A generous 10% company contribution to the pension scheme (employees pay 3%), life assurance and a share option scheme mean staff are happy with their pay and benefits, giving a top 20 score of 81%.
Tullow Oil respects people’s family commitments and staff are generally happy with the balance between their work and home life (71%) and are not under too much pressure at work (79%). People do not find stress a problem, with a top 10 score of 87%.
Broadband internet and access to company networks is provided for those who work from home. The firm provides free gym membership, fresh fruit for breakfast and fitness checks, ensuring that the health of employees is not suffering because of work (85%). Health and safety is a top priority and staff acknowledge this with an impressive score of 93%, ranking the firm 11th for this question.
Learn more about the 8 factors of workplace engagement here
Companies where employees are offered share options
Companies offering a minimum of 25 days annual leave
On-site gym or subsidised gym memberships
On-site nursery or vouchers
Full family cover
Companies offering a final salary or non-contributory pension scheme
At least 10 weeks' leave on full pay
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