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Additional Employee Benefits - Canada

Below are some of the highlights of additional benefit plans available to most Canadian paid employees at ConocoPhillips Canada. It is not a summary plan description or official plan document. If there is any conflict between this information and the official plan documents, the official plan documents will govern.

See also: Health Benefits
Other Insurance Benefits



Retirement Plan
  • Defined Contribution Pension Plan
  • ConocoPhillips contributes 5%, 7.5% or 10% to the plan, based on years of company service.
  • Two year vesting requirement
 
Savings Plan
  • ConocoPhillips provides an allowance of 6% of salary that may be directed to a Health Care Spending Account, RRSP, or Non-registered account.
 
Employee Stock Ownership Plan
  • ConocoPhillips contributes 6% of base salary towards the purchase of ConocoPhillips shares
  • Shares vest each December 31 according to a three-year rolling vesting schedule.
 
Personal Development Account
  • Each year ConocoPhillips contributes a flat dollar amount to a Personal Development Account.
  • This account can be used to reimburse expenses for approved items in the following categories: Health and Fitness, continuous Learning, Technology Utilization, Safety and Sustainable Development.
 
Paid Time Off
  • Vacation, Statutory Holidays and Flex Days
 
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