Phillips 66 Employee Salaries 2026: Average Pay & Compensation
Phillips 66 employee salaries are estimated at $115,000 average pay in 2025-2026, with $105,000 median pay and $142,000 average total compensation. Compare Phillips 66 employee salaries by role, level, bonus, equity, benefits, and Houston, TX location context before evaluating an offer.
Average Salary
$115,000
$9,583/mo
Total Compensation
$142,000
base + bonus + equity
Employees
14K
large company
Rating
3.8
★★★★☆
Direct answer
Phillips 66 employee salaries 2025-2026: average pay and compensation
The average salary for Phillips 66 employees is estimated at $115,000 in 2025-2026, with median pay of $105,000 and average total compensation of $142,000 when bonus, equity, and incentive pay are included. Entry-level roles start around $72,000, senior roles average $178,000, and the highest listed role benchmark is Software Engineer at $115,000.
Reviewed by Brazora Monk · Page reviewed May 26, 2026 · Salary data last updated May 19, 2026. Source basis: employee-reported compensation, public filings where applicable, and BLS wage baselines; this is a planning estimate, not a guaranteed offer or internal HR pay band.
Search intent match
Phillips 66 average employee salary, compensation and role pay
These are the four compensation questions people usually compare before applying to Phillips 66: average employee salary, average compensation per employee, salary by role, and salary range by level.
| Search question | 2026 answer | How to use it |
|---|---|---|
| Phillips 66 average employee salary 2026 | $115,000 average base salary | Compare against the Energy peer average of $121,882. |
| Phillips 66 average compensation per employee | $142,000 average total compensation | Separate base salary from bonus and equity before comparing offers. |
| Phillips 66 employee salaries by role | Software Engineer: $115,000 | Product Manager: $109,250 | Operations Manager: $93,150 | Use role-specific benchmarks instead of negotiating from the company average alone. |
| Phillips 66 salary range 2025-2026 | $72,000 to $178,000 across listed entry-to-senior levels | Adjust for level, team, location, bonus cycle, and Houston, TX cost context. |
Company-specific pay benchmark
Phillips 66 Employee Salaries by Role: 2025-2026 Snapshot
Phillips 66 employee salaries average $115,000 base pay and $142,000 average total compensation in this 2025-2026 benchmark. Within Energy, that puts Phillips 66 below the peer salary average of $121,882 by -6%. Use this snapshot to compare base salary, bonus potential, senior-level upside, and role-specific pay before accepting or negotiating an offer.
Vs. Energy peers
-6%
peer avg $121,882
Total comp position
-13%
peer avg $163,774
Role pay spread
$27,600
Data Analyst to Software Engineer
Senior premium
+147%
senior vs entry-level salary
| Negotiation area | Phillips 66 benchmark | What to verify |
|---|---|---|
| Base salary | $115,000 average, $105,000 median | Compare the offer against the Energy peer average and your exact role level. |
| Bonus target | 15% target, about $17,250 on average salary | Ask whether the target is guaranteed, discretionary, prorated, or tied to company performance. |
| Equity or incentives | 19% of estimated total comp is above base salary | Check vesting schedule, refresh grants, strike price or RSU value, and liquidity timing. |
| Location economics | Houston, TX headquarters, $9,583 monthly average pay | Adjust for state taxes, local taxes, rent, commute cost, hybrid policy, and relocation support. |
Phillips 66 Salary by Level
Salary progression from entry-level to director positions at Phillips 66.
Entry-level employees at Phillips 66 earn around $72,000, while directors can earn $320,000 or more.
Phillips 66 Average Pay by Role
| Role | Base Salary | Est. Total Comp |
|---|---|---|
| Software Engineer | $115,000 | $132,250 |
| Product Manager | $109,250 | $125,637 |
| Operations Manager | $93,150 | $107,122 |
| Marketing Manager | $90,850 | $104,477 |
| Data Analyst | $87,400 | $100,510 |
Total compensation estimates include base salary and an average 15% bonus. Stock options/equity are offered but vary significantly by role and level.
Phillips 66 Benefits & Perks
Phillips 66 Salary Calculator
Select a role and experience level to estimate your salary at Phillips 66.
Mid Career (5-9 yrs)
Estimated Salary at Phillips 66
$121,000
$10,083/month · $58.17/hr
Est. total comp with 15% bonus: $139,150
About Phillips 66
Phillips 66 is a energy company headquartered in Houston, TX, founded in 2012. With approximately 14,000 employees, it is a major employer in the energy sector.
Headquarters
Houston, TX
Founded
2012
Industry
Energy
Company Size
large
Employees
14,000
Median Salary
$105,000
Hourly Rate
$55.29/hr
Monthly Pay
$9,583
Phillips 66 Employee Ratings
3.8
★★★★☆
Overall Rating
Similar Energy Companies
Methodology & Sources for Phillips 66 Salary Data
How we estimate Phillips 66 compensation data: Our salary figures combine self-reported employee compensation data (Glassdoor, Levels.fyi, Comparably, Blind), SEC filings for public companies (DEF 14A proxy statements include executive compensation), and BLS Occupational Employment and Wage Statistics for industry baselines. We weight recent data points (last 2 years) higher to reflect current market conditions.
- Base salary distribution aggregated from employee-reported data points. Phillips 66 (founded 2012, 14K employees, headquartered in Houston, TX) is in the Energy sector.
- Total compensation includes base salary, bonus, and where applicable, equity or other long-term incentives. At Phillips 66, bonuses vary by role, level, location, performance cycle, and business division.
- Level mapping normalizes role names across companies (Entry/Junior/Mid/Senior/Lead/Principal/Director) for cross-company comparison.
- Cost-of-living adjustment uses BLS regional CPI-U data when comparing Phillips 66's Houston, TX salaries to other markets.
- Industry benchmarking compares Phillips 66 compensation to BLS national averages for Energy sector occupations.
Authoritative compensation data sources:
- BLS Occupational Employment and Wage Statistics — national salary baselines for Energy
- SEC EDGAR — Company Filings — public company executive compensation in DEF 14A proxies
- BLS Industries at a Glance — Energy — sector employment, wages, productivity
- BLS Employment Cost Index — quarterly compensation trend data
- BLS Quarterly Census of Employment and Wages (QCEW) — county-level wage data by industry
- DOL Wage and Hour Division — federal wage compliance and minimum wage
Disclaimer: Phillips 66 compensation data is aggregated from multiple sources and reflects general patterns, not guaranteed offers. Actual salaries vary based on level, location, negotiation, performance, and equity vesting. For personalized career advice, consult HR professionals or executive coaches. For job offers, always negotiate based on multiple data points and your unique value.
Reviewed by Brazora Monk · Salary data last updated May 19, 2026 · Page reviewed May 26, 2026 · BLS data current as of latest annual release
Phillips 66 Salary FAQ
What is the average salary at Phillips 66 in 2026?
The average salary at Phillips 66 is $115,000 per year in 2026. Entry-level positions start around $72,000, while senior professionals earn up to $178,000. Total compensation including bonuses and equity averages $142,000.
What benefits does Phillips 66 offer?
Phillips 66 offers a comprehensive benefits package including Health/dental/vision, 401k match 8%, Pension, and 2 more benefits. The company also offers stock options or equity compensation. The average bonus is approximately 15% of base salary.
What are the highest paying roles at Phillips 66?
The highest paying roles at Phillips 66 include Software Engineer ($115,000), Product Manager ($109,250), Operations Manager ($93,150). Executive-level positions can earn up to $400,000 or more annually.
How does Phillips 66 compare to other Energy companies?
Phillips 66 has a 3.8/5.0 employee rating and $115,000 average salary. Compared to peers like Schlumberger and ExxonMobil, it offers competitive compensation in the Energy sector.
Is Phillips 66 a good company to work for?
Phillips 66 has a 3.8/5.0 overall rating and 3.4/5.0 work-life balance score. Employees give the company above-average ratings. The company is headquartered in Houston, TX and was founded in 2012, employing 14K people worldwide.
What is the total compensation at Phillips 66?
Total compensation at Phillips 66 averages $142,000 per year, which includes base salary ($115,000), bonuses (approximately 15% of base), and equity or long-term incentive grants. Senior and executive roles can see significantly higher total compensation packages.
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