Pay and Benefits
Always one of the lowest scoring areas in any company survey of its employees, KBR’s results in our 2022 survey were also lower than we would like with regard to pay and benefits. We aim to offer compelling, competitive and affordable rewards for diverse populations across the globe, and benchmark against our peers and other competitors for our people so that we can stay competitive. Balancing our investment in total reward with the need to price competitively and deliver promised returns to our shareholders is always a challenge.
say people here are paid fairly for the work they do.
say we have special and unique benefits here.
feel they receive a fair share of the profits made by KBR.
In 2022 we conducted a mid-year salary review in some markets where inflation had increased further than anticipated when ASR increases were budgeted, resulting in some employees receiving an additional salary increase. In some markets we made strides in our family-friendly benefits, with improved parental leave, the addition of elder- and child-care benefits, and extended flexibility for holiday celebrations. Additional benefits such as financial wellness training and the addition of brokerage and active fund options for 401(k) plans have helped employees look after their future finances.
We have other benefits improvements planned in the coming months, which will be communicated by local management at the appropriate time, and will continue to look for new ways to reward our employees for their invaluable contribution to our success.
“KBR’s excellent benefits kept me with the company when I was considering making a move.”
