Hilcorp Energy, one of the largest privately held oil and natural gas exploration companies in the United States announced that it would give all 1,381 employees a year-end bonus of $100,000 after what the company called a positive year in growth.
Jeffery Hildebrand, the 56-year-old billionaire owner, will pay out more than $100 million in total and reportedly uses these bonuses to motivate his workforce. Forbes reported that five years ago, the Hilcorp gave its employees two options for a bonus: $50,000 towards a car or $35,000 in cash.
This year, the Houston-based company doubled its output again to more than 150,000 barrels each day and, Forbes reported, the bonus was doubled.
"It's just a true gift," Amanda Thompson, a receptionist at the company for 10 years, told Fox 4 News. "Somedays I just kind of look down the hall and say I can't believe these are my bosses, and they’re the best."
Thompson told Fox 4 News some of her employees are using the bonus to retire early, remodel homes , take vacations, and pay for their children's college, she just takes comfort knowing it’s in her bank account for a rainy day.
Hilcorp was named on the 2015 'Fortune 100 'Best Companies to Work For' list for the third year in a row.