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StatoilHydro - Company profile

Industry Energy
Company type Public
Year founded 1969
Global headquarters Norway
# Countries active 40
# Employees worldwide 29,000
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Required skills

Leadership 7
Team working 7
Problem solving 7
Communication 7
Creativity 7
Commercial Awareness 7
Pressure Resistance 6
Flexibility 6
Networking 6

Activities

StatoilHydro is an international integrated energy company, based in Norway. The company is the leading operator on the Norwegian continental shelf (NCS) and has operations in 40 countries. StatoilHydro has a strong values-based culture for performance, has high ethical standards and shows care for the environment and society. The group's employees are recognised for their motivation, ability to cooperate and a will to accept challenges. StatoilHydro's ambition is to create long term profitable growth through increased international activities and renewed efforts on the NCS.

What we offer

In addition to a challenging job, development and career prospects, we also recognise the importance of tangible rewards, as included in our “Total Reward” concept. We also actively address your welfare and wellbeing.

Reward on what you deliver and how
Our 'Total Reward' concept includes both intangible benefits such as professional development and more tangible rewards such as a flexible range of employment benefits dependant upon your position, role and in some cases, your geographic location.

Your performance is valued based equally on what you deliver and how you behave. Fundamental to this principle are our reward and benefit concepts, which are designed to attract and retain talented people in the company. Throughout the company, we actively address your welfare and wellbeing. Our internal job market provides numerous opportunities to embark on new and exciting paths within StatoilHydro. Whether you are starting afresh or changing jobs, we support you with housing and travel arrangements.

Our reward packages are competitive in the markets in which we operate and include bonus and share savings schemes in addition to base salary and other compensations. Pension plans and insurance arrangements, sick leave, flexible work arrangements and paid holiday are also important parts of our reward system.

  • Individual Reward levels: Individual salary reflects the employee’s responsibilities, experience and competence. It is evaluated yearly based on performance where deliveries and behaviour are equally weighted.
  • Bonus for good performance: Our people are eligible for our corporate bonus or local bonus schemes competitive in the relevant market. The corporate bonus is calculated yearly, based on our financial performance relative to other large international oil and gas companies
  • Variable pay schemes: Our reward system includes annual variable pay schemes with differentiated pay potential and a long-term incentives scheme for executives in key specialist and administrative positions. Inclusion in our variable pay scheme is on an individual “invitation only” basis.
  •  Share saving plan: All employees have the opportunity to buy StatoilHydro shares. Employees taking part in StatoilHydro’s share saving plan will receive bonus shares. Employees receive one bonus share for every one bought.

Welfare
We believe that the ability to balance work and non-work commitments is key to attracting and retaining motivated and highly skilled employees.

To support this we have a range of flexible working policies covering part-time work, working from home and variable working hours, which can be utilised to meet the needs of our unique businesses and our diverse workforce.

The welfare of our people is important to us and we offer support to staff facing life changing events requiring time away from work – comprehensive maternity, paternity and adoption policies in line with local legislation, parental leave and both short- and long-term career breaks. For parents, StatoilHydro has places for children in kindergartens at the majority of its office locations.

The right to request to work flexibility extends to all our people, with all policies and application procedures easily accessible online to employees and management. We also provide a telephone helpline for individual queries. Our internal shared services solution won the first prize in a competition with other shared services suppliers from across the globe. Global business services (GBS) won the award for being the most technologically advanced service supplier in the annual Shared Services Week and Excellence Awards, presented in Prague in May 2007.

Many employees are utilising our flexible working policies and are able to balance their work and home lives effectively. Not only does this benefit our people but enables business areas to better focus and manage business performance.

Wellbeing
We support the health, safety and wellbeing of our people. We have a wide range of welfare and recreation activities and opportunities. These vary between locations and countries.

  • Sporting activities
    We offer a wide range of games and sporting activities organised locally such as outdoor sports, cycling, handball, bridge, football, skiing, etc. National tournaments are arranged annually.
    We recognise the importance for mental and physical time out. Locally organised yoga and relaxation sessions are scheduled on a weekly basis during the work day. Throughout our offices, we provide coffee facilities and social spaces where people can meet, chat and network.
    StatoilHydro also has favourable agreements with local gyms and health clubs.
  • Cultural activities
    The individual office location offers reduced price tickets to a selection of cultural activities such as concerts, theatre shows, etc.
  • StatoilHydro art collection
    We collect and display art from young and promising talents as well as already established artists. You will be able to enjoy fine art and architecture throughout our office locations. This is a stimulating and important element in our daily lives that contributes to a sense of joy and wellbeing and is an integrated part of our corporate culture.
  • Cabins
    StatoilHydro’s cabins are offered to our people and their families throughout the year. Cabins are located all around Norway, at popular skiing resorts and seaside locations. Quite a few of the seaside cabins are equipped with small boats for fishing.

Who we look for

Many of our new people are recruited straight from university. Engineering and science subjects represent some of the disciplines that we look for when recruiting. However, we also need graduates from a wide range of educational backgrounds.
 
Personal commitment, a value-based performance-driven environment, and good leadership enable us to meet our challenges and deliver results with the precision required. We are a team, and as a team we understand the importance of challenging and supporting each other.

We look for people who identify with our values, believe integrity is part of who we are and what we do, and want to be part of a company that appreciates high performance. We select people who are committed to teamwork, who have proven their ability to deliver, are open-minded and willing to learn.

Our values, and health, safety and environment, and ethical requirements are the core of all our activities. They drive our performance and guide us in how we work together, and how we build relations with our partners, customers, suppliers and the communities in which we operate.
 
We want to be your employer of choice -  we want your talent!

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