Phillips 66 Company

Variable Cash Incentive Program

Our annual bonus program aligns our goals — company, business unit and individual — and promotes behaviors consistent with Phillips 66’s strategy and shareholder interests. Payouts are based on the results achieved by the company, the business unit where you are assigned and your individual performance. It differentiates by rewarding strong performance in each of these areas.

You will have a VCIP target award percentage applied to your annual earnings. This target can increase as you progress in your career. Depending on company and business unit performance, your bonus payout can be adjusted between 0-200% of target. In addition, your bonus payout may be adjusted to reflect your individual performance.

Regular full-time and part-time employees (salaried and hourly) are eligible. Limited exclusions may apply.

View Your Compensation Online

To view your compensation, visit the Connect Total Rewards intranet.

Log onto the Connect Total Rewards Compensation page. You will need to be logged into the Phillips 66 network to access this page.


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