This company is the top producer of natural gas in the United States, and employees are the first to tell you why: “Our employees work harder and faster than our competitors. They aren’t caught up in bureaucracy that exists in peer organizations.”
The latter is one of the official “Distinguishing Characteristics of Chesapeake,” which also include a strong work ethic, a culture of ownership, innovation, focus on the details and knowing how to have fun. And who wouldn’t have fun in a work environment that includes some of the best on-site amenities around? These include a 70,000 square-foot fitness center, tanning and massages, and four restaurants (jealous yet?). If those incentives aren’t enough, then consider this: In 2008, 23% of the company’s employees received promotions, with average salary increases of 13.4%.
In addition to being growth-oriented, Chesapeake’s leadership is dedicated to fostering an open, collaborative and communicative environment. CEO Aubrey McClendon “stresses an open-door policy,” says an employee, pointing to the “Ask Aubrey” Q&A forum on the company intranet and the bimonthly town hall meetings with senior leadership, which have “at least one hour dedicated to employee Q&A.”
A high level of employee morale is evidenced by the fact that 48% of all new hires come through employee referrals. “Our distinctive culture draws bright, talented people who want to work at Chesapeake,” one staffer says. “We know how to celebrate and have fun.” PRN