Companies ONEOK

ONEOK

Tulsa

Total Offices: 4

4,611 Total Employees

Year Founded: 1906

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ONEOK Compensation & Benefits

Updated on October 17, 2026

This page summarizes recurring themes identified from responses generated by popular LLMs to common candidate questions about ONEOK and has not been reviewed or approved by ONEOK.

How are the compensation & benefits at ONEOK?

Strengths in retirement contributions, equity opportunities, and core health coverage are accompanied by challenges in pay progression, perceived fairness, and variability in benefit eligibility and value. Together, these dynamics suggest an attractive total-rewards package for long-term wealth building, with actual outcomes dependent on role, location, and progression trajectory.

Key Insight for Candidates

Defining pattern: ONEOK channels a large share of compensation into guaranteed retirement contributions: 6% 401(k) match plus an additional 6% quarterly profit-sharing. This makes total pay compelling even when raises are modest. Candidates who value long-term savings may gain more here than via higher base pay elsewhere.

Evidence in Action

401(k) Auto-Enrollment Profit-Sharing — 401(k) auto-enrollment at 6%, 100% match up to 6%, and quarterly profit-sharing contributions of 6% apply to eligible employees. Employees build retirement savings quickly with predictable employer funding, reducing volatility in total compensation.
New-High Stock Awards — Company-stock awards trigger when ONEOK’s share price hits a new high, and the employee stock-purchase plan discounts shares by 15%. Employees share directly in market momentum and can accumulate equity at a consistent discount.

Positive Themes About ONEOK

Retirement Support: Retirement benefits are highlighted as unusually strong, combining a 100% 401(k) match up to 6% with an additional 6% quarterly profit-sharing contribution and automatic enrollment for eligible employees. These features position long-term savings and financial security as a standout component of the package.
Healthcare Strength: Medical coverage offers PPO and HDHP options with HSA/FSA support, and in-network preventive care (including flu and COVID-19 vaccinations) is fully covered. This breadth indicates robust core health protection, pending plan-cost specifics.
Equity Value & Accessibility: A 15% employee stock-purchase discount and stock awards when the share price reaches a new high provide accessible equity upside for eligible participants. These elements complement the retirement program to strengthen overall wealth-building potential.

Considerations About ONEOK

Stagnant Pay & Limited Progression: Pay progression is described as slow in places, with instances of experienced employees earning similar pay to newer hires. This dynamic dampens perceptions of growth even where total compensation is viewed favorably.
Unfair & Opaque Compensation: Perceptions of pay fairness are mixed, with indications that compensation may not feel equitable across roles or tenure. Limited clarity around raise patterns and internal equity contributes to these concerns.
Exclusive or Unequal Benefits Coverage: Eligibility and value for health coverage, paid time off, profit sharing, bonuses, and stock programs can vary by job, location, employment status, and plan choices. These differences mean the realized benefits can be uneven across employees.

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These insights are generated using AI and may not reflect internal data or verified company information. They are intended solely for general informational purposes and should not be considered a definitive assessment of the company’s reputation. If you are a representative of this company, and would like this page to be removed, you may contact us via this form.