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Human Capital Management

2022 Digital Report

We offer our people a place to thrive as part of a high-performing workforce.

Their talents, ideas, commitment and excitement for the future give us a competitive advantage. We’re focused on developing capabilities and executing our strategy to drive shareholder value and meet the world’s energy needs.

A Conversation with Sonya

Our Culture

As the world, our workforce and our businesses evolve, so does our culture. We’re refining it to bring out the best in ourselves so we can continue to deliver on our vision of providing energy and improving lives. Our operating principles, commitment to safety and behavioral expectations guide us and create an environment that leverages our most incredible resource — our people.

A High-Performing Organization

36%

of global hires in professional roles were women in 2022

42%

of our U.S. hires were from underrepresented groups in 2022

27%

increase in underrepresented groups in the U.S. since 2013

10%

increase in women in professional roles globally since 2013

Employee Experience

We’re fostering a sense of belonging for the long term because Phillips 66 is a place to build a career. We welcome anyone who is motivated to work hard, find creative solutions and collaborate up and down our unique value chain. From attracting diverse talent to developing and promoting our people, Phillips 66 invests in our employees’ career life cycles to create a workforce ready for the future.

Our Early-Career Training Programs

PREP

Refining experts and Phillips 66 leaders teach this multiyear engineering development program focused on business and financial acumen.

PROPEL

This self-paced study with a variety of virtual courses is for engineers in their first five years at Phillips 66.

KATALYST

This immersive learning experience for new hires in market-facing businesses focuses first on the energy value chain, followed by targeted career rotations and networking.

Innovation and Transformation

We are seizing the opportunity for growth in technology and new markets as the energy transition unfolds. By rethinking how we work, we empower our people to think boldly while maintaining our commitment to business and operational excellence.

Trying New Things

Phillips 66 employees in every business unit contribute to strengthening our ability to meet the world’s growing
energy demands while building a competitive, lower-carbon business platform. We launched the Business
Transformation program, engaging thousands of employees across the company, to find ways to be more
efficient in providing energy now. We’re also investing in new energy solutions for tomorrow.

Total Rewards

Our benefits programs focus on supporting our employees’ physical, social, financial and emotional well-being. We benchmark our Total Rewards annually to ensure our programs are competitive with our peers and customize our offerings to appeal to our diverse, multigenerational workforce.

Compensation and Benefits

$179,184

in total compensation and benefits for our median employee

$4.3 million

paid out under well-being incentive and fitness reimbursement programs

$216 million

in success share and savings matches

$8.2 million

contributions to HSA accounts

1.9 million

vacation and 19/30 work schedule hours used

Labor and Employee Relations

We work together for the greater good — from developing an inclusive culture for both represented and non-represented employees to promoting respect for human rights across our company, value chain and communities.

Maintaining the Highest Ethical and Moral Standards

We believe that being a great place to work means respecting everyone. Our employees experience this through our culture, which is guided by our Code of Business Ethics and Conduct. All employees, regardless of their position, participate in annual training, during which they must attest that they will comply with the code.