Concho offers a comprehensive benefits package to all full-time employees and their family members. As a committed partner in our employees' health, Concho fully funds both employee and dependent health insurance premiums.

Compensation Benefits

  • Competitive base salary
  • Annual discretionary bonus plan based on performance
  • Equity ownership – Concho grants equity awards to all full-time employees
  • Generous 401(k) match with immediate vesting
  • Paid time off (sick, personal, vacation and parental leave)

Health and Other Benefits

  • Subsidized, onsite childcare facility for employees’ children and grandchildren
  • Onsite health clinics and fitness facilities at our Midland and Artesia locations
  • Medical insurance premiums for employees and dependents fully paid by Concho
  • Prescription drug coverage for medical plan
  • Company-paid dental and vision benefits premiums for employee and dependents
  • Company-paid life and Accidental Death & Dismemberment (AD&D) insurance with option for additional employee-paid life and AD&D insurance for employee and family
  • Company-paid long-term care insurance with an option for additional employee-paid insurance
  • Company-paid disability coverage
  • Company-paid Employee Assistance Program which offers support with education, dependent caregiving, legal and financial issues and lifestyle as well as fitness management