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Innovative Economy/Workforce Panel Chesapeake Energy Corporation

Innovative Economy/Workforce Panel Chesapeake Energy Corporation Lisa Phelps – Vice President Human Resources. About Chesapeake. Large natural gas and oil producer OKC headquarters/140 locations/16 states Revenues – $37 Billion 10,600+ employees; 4,100 OKC Diverse workforce.

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Innovative Economy/Workforce Panel Chesapeake Energy Corporation

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  1. Innovative Economy/Workforce Panel Chesapeake Energy Corporation Lisa Phelps – Vice President Human Resources

  2. About Chesapeake • Large natural gas and oil producer • OKC headquarters/140 locations/16 states • Revenues – $37 Billion • 10,600+ employees; 4,100 OKC • Diverse workforce

  3. Workforce Planning at CHK • Bridging the generation gap • Academic Partnerships • Mentoring Programs • Community Development

  4. Academic Partnerships • College Recruiting • 110 events at 31 colleges across 9 states • 9 Oklahoma-based Universities • Internship Program • 191 interns across all departments; 90 from Oklahoma • Exposure to the industry; substantial projects • CHK Scholars Program • Energy-related scholarships • 34 universities and colleges in 13 states • Pledged 8 million through 2014 • $1.2 million in Oklahoma

  5. Mentoring Programs • Mentoring Programs • Horace Mann Elementary; Belle Isle Enterprise Middle School; and Harding Charter Preparatory High School • All 450 students have mentors • Exposed more than 2,500 Oklahoma students to mentors since program inception • Peak Program • CHK mentors for CHK Scholarship recipients • Oklahoma State University • University of Oklahoma • University of Texas

  6. Community Development • $25 Million in Corporate Sponsorships • $13.5 million in Oklahoma • United Way – Employee Drive • $4.7 million to UW across all locations • $4.1 million to UW of Oklahoma • Operation Blue Summer Campaign • 4 paid hours of work time to volunteer • 4,900 employees donated 30,900 hours of service to 519 organizations in more than 96 communities. • 15,000 of these hours were in Oklahoma

  7. Community Development Cont… • H.E.L.P. Initiative • Rebuilding Together • Regional Food Bank of Oklahoma • Joshua’s Hope • Litterblitz • St. Baldricks • Holiday initiatives • Tornado clean-up • And more!

  8. Community Develop Cont… • Forward OKC IV Campaign • Business Growth and Economic Development Projects • $2 million from CHK payable over the next five years • Greater Grads Program Sponsor • Conference of Mayors • $250,000 Sponsorship • Hosted the NGV Clean Urban Zone • Boathouse District Development • Chesapeake Boathouse • OKC Boathouse Foundation • Finish Line Tower • Devon Boathouse • UCO Boathouse

  9. CHK’s Economic Impact • $4.7 million in property taxes • Massive campus expansion underway • OKC Chamber Economic Division estimates economic impact in excess of $293 million over a five year period • Royalty Payments • $450 million to Oklahoma residents • $150 million in taxes

  10. Workforce Planning - Results • Talent recruitment and retention • Improved image and brand • More diverse workforce • Ahead of Talent Mgmt curve • 51% of employees under age 35 • 84% have less than five years of service

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