Aramco Services Company

Benefits

ASC offers a generous employee benefits package and other programs designed to meet the diverse needs of employees and families.

Summary Plan Descriptions (SPDs) and additional plan details are available by clicking the title link of each corresponding plan. The Company reserves the right to modify, amend, suspend, or terminate any of these plans at any time; provided, however, that no such amendment or termination shall affect the right of a Member to receive any unpaid benefit under any plan.

  • Flexible Benefit Plan: Employees may make premium payments for their medical, dental, and optional accidental death and dismemberment insurance coverage on a pre-tax basis.
  • Group Insurance Plan: We provide both Company-paid life insurance and accidental death and dismemberment insurance. Employees may also elect to purchase additional life insurance and accidental death and dismemberment insurance for themselves and their eligible dependents.
  • Medical Payment Plan: Medical coverage is available for employees who elect to participate in the Plan and for their eligible dependents.
  • Dental Insurance: We offer employees a choice between two dental plans. Employees pay the cost of the coverage they select.
  • Retirement Income Plan: The Retirement Income Plan is a defined benefit pension plan that provides retirement benefits to vested employees who retire from ASC. Employees become eligible to participate in the Plan on their hire date and become vested upon completing five years of eligible service or upon reaching the Plan’s normal retirement age of 60. The company pays the entire cost of Plan.
  • The Savings Plan - 401(k): To encourage employees to systematically save for their future financial security, new employees are automatically enrolled in The Savings Plan at a rate of 9 percent of their monthly base earnings unless they elect otherwise. The Company matches employees’ contributions dollar-for-dollar up to the first 9 percent of their monthly base earnings. Employees are vested immediately in the Company's contributions.
  • Short-Term Disability Plan: ASC provides certain salary continuation benefits for a specified period of time for employees who are unable to work as a result of illness or injury. New employees automatically become participants in the Plan upon completion of six months of continuous eligible service. The Company pays the entire cost of the Plan.
  • Long-Term Disability Plan: We provide benefits for a specified period of time for employees who are unable to work as a result of a long-term illness of injury. The Company pays the entire cost of the Plan.
  • Retiree Medical Payment Plan: Medical coverage is available for Retirees and their dependents who meet the Plan’s eligibility requirements and elect to participate in the Plan.

Additional Benefits
We also make a variety of other programs, plans and services available to employees. These are designed to provide leisure, convenience, assistance and support to individuals and their families. Additional benefits include, but are not limited to:

  • 9/80 Work Schedule: Most of our employees work 80 hours over nine days. Individuals work nine hours per day Monday through Thursday, with Fridays alternating between an eight-hour work day and one day off.
  • Holidays: We observe up to nine paid holidays each year for employees on the 9/80 work schedule.
  • Vacation: All employees are eligible for paid vacation from 11 to 25 working days per year based upon their prior job-related experience and years of continuous service with the company.
  • Awards & Recognition: Service and attendance milestones are awarded to employees for longevity with the company and consistent daily work attendance. A special recognition program encourages and recognizes exceptional efforts and achievements by individuals and teams by providing various levels of financial rewards.
  • Educational Refund Plan: We provide financial assistance to employees pursuing individual degree programs at accredited and approved post-secondary institutions during non-working hours.
  • Other Valued Services:
    • Employee Assistance Program (EAP)
    • Commuter Van Program
    •  Chevron Houston Credit Union Membership
    •  Cafeteria (on-site)
    •  Medical Clinic (on-site)
    •  Fitness Center (on-site)
       
    Opportunities
    Opportunities

    Help advance the next generation of energy by joining ASC. View our current openings today.