One Team, One Chesapeake
Our employees are Chesapeake’s greatest asset, and their passion, work ethic and skills are the driving force behind the company’s success. With trust and respect as core values, our company culture puts employees at the center — investing in career development, appreciating their unique perspectives and encouraging a healthy work-life balance.
Our workplace culture is built on collaboration as we work to break down silos and promote teamwork to reach our performance goals. We also value every voice by respecting and celebrating our differences and the diverse perspectives that fuel innovation.
Workforce At-a-Glance
~1,000
employees
70%
corporate
30%
field
39%
workplace diversity
29%
female
15%
ethnic minorities
9
years of tenure
41
average age
5%
voluntary turnover
15%
internal promotion rate
As of Dec. 31, 2023
Total Rewards Benefits Program
We compensate our employees through competitive pay, benefits and personal and professional development programs. Taken together, they represent our industry-leading Total Rewards program, which includes:
- Generous 401(k) employer match
- Abundant paid time off, including 12 company-paid holidays each year and a personal well-being day (exceeding legal requirements)
- Medical, dental, vision, prescription drug, health savings account, flexible spending and short- and long-term disability coverage
- Dedicated professional development program
- Parental leave for mothers and fathers
- On-site childcare (Oklahoma City)
- Adoption assistance
- Tuition reimbursement
- Military differential pay
- Quarterly profit-sharing contribution to 401(k) regardless of employee contribution
Hybrid Workplace and Schedule Flexibility
We believe that workplace flexibility helps to optimize professional success and gives our employees added time and energy for life’s responsibilities. Our “Work for Your Day” initiative empowers employees to choose their work locations (working remotely or in the office) based on their department needs, workloads and schedule. Departments also schedule collaboration time so teams can gather in the office to reinforce our workplace culture and build team relationships.
Recognizing that no week is the same professionally or personally, employees have autonomy to flex their schedule in partnership with their department and team needs. Additionally, in Oklahoma City, our team enjoys half day Fridays (8 a.m. to noon).
Leadership Development
Supporting our employees’ personal growth begins by equipping the leaders who manage them. Employee development is a skill in and of itself, and we offer extensive training to help our leaders learn actionable coaching and feedback skills. We view this effort as foundational, which is why we require leaders to include specific actions around developing talent and building strong teams as part of their annual personal goals.
Professional Development
We offer several professional development opportunities for employees interested in pursuing additional education or enhancing their expertise:
- 100% reimbursement for professional certification tests
- Tuition reimbursement up to the IRS maximum of $5,250 per year, per employee
- Professional development training for all employees emphasizing teamwork, leadership and career growth
- Petro-technical training supporting specialized courses across the engineering, geology and land disciplines
- eLearning platform with access to more than 20,000 web-based electives designed to build business acumen and technical skills
- Technical courses for non-technical employees designed to increase industry knowledge
Annually, we survey our workforce on their professional development needs to inform and enhance our training program. We also survey certain disciplines (engineering and geology) annually to better guide our Technical Training Committees.
