EnLink is committed to offering our employees a fulfilling work environment while equipping them with the tools, resources, and support necessary to foster both personal and professional growth.
Part of providing a leading workplace environment includes competitive total rewards packages. The total rewards program is comprised of base salary, short-term incentives tied to company performance, and comprehensive employee benefits that include medical coverage, company-paid life insurance, and disability coverage.
Compensation and Emphasizing Value of Pay Equity
We recognize the importance of providing financial stability for our employees and their families. Although our operations are not subject to living wage laws, our goal is to provide market-competitive compensation to our employees. For 2023, the living wage national average was approximately $52,000 per year¹. At EnLink, all full-time employees make above this living wage national average, and our median employee earned over 200% of the living wage national average.
We conduct a gender pay equity analysis annually to promote equitable pay regardless of gender. This analysis is presented to the Sustainability Committee of our Board of Directors. The study conducted in 2023 found that both male and female employees are paid on average 99% of their market rate, emphasizing our confidence in the effectiveness of our pay equity programs.
Our Benefits
We evaluate market trends and employee participation in existing benefit programs regularly to drive value and accessibility, prioritizing affordability for our employees.
Health and Welfare
Our people-centric culture extends to our employees’ physical, mental, and emotional health. Health and welfare highlights include:
- Medical premiums for employees in 2023 remained constant for the third consecutive year.
- Our wellness initiative encourages employees and their spouses to receive an annual wellness checkup and an additional proactive screening (such as a mammogram, prostate cancer screening, dental exam, etc.) based on individual needs and doctor’s advice. In 2023, 70% of EnLink employees received an annual wellness checkup, up 10% from 2022. In some cases, these proactive checkups and screenings lead to early detection of issues or illnesses that could have become life-threatening had they gone undetected.
- We expanded our health benefits package in 2023 to incorporate a virtual physical therapy option accessible to all employees and their dependents enrolled in our medical plan. Virtual care options provide enhanced healthcare accessibility for employees in remote areas or with non-traditional work hours with the goal of improving adherence to physical therapy programs and, therefore, health outcomes.
- We continue to offer an employee assistance program that helps connect employees and their family members to the resources they need to manage many of life’s unexpected challenges and includes free, confidential counseling services. Additionally, employees have access to a “Mental Health Resource Center” on the employee intranet. The site provides internal and external resources that can help employees take care of their mental health or seek assistance and is regularly promoted to employees.
Financial Planning and Wellness
Our competitive total rewards program also supports the financial security of our employees. We encourage employees to utilize the financial resources made available to them through ongoing communications campaigns.
- 401(k) Retirement Plan: In 2023, our 401(k) program had a 97% participation rate, which includes new employees automatically enrolled at time of hire, and offers fully vested employer matched contributions. To further help employees prepare for retirement, the plan features an automatic contribution increase of 1% each year. Plan participants also have access to financial resources including monthly webinars, online articles and videos, and the option to meet one-on-one with a financial expert.
- The EnLink Community Fund: Created in 2005 in response to Hurricane Katrina, the EnLink Community Fund provides assistance to employees and their families who are impacted by hardships including natural disaster impacts, medical emergencies, and other unforeseen life-altering events. Employees contribute to the fund through voluntary payroll deductions and grants are administered by an employee committee. In 2023, the EnLink Community Fund awarded eight grants to employees impacted by catastrophic events. The program has awarded 205 grants since its inception.
Supporting Employees Outside of Work
We strive to support the success of our employees both professionally and personally. As a result of our dedication to promoting work-life balance, a national initiative in partnership with the Dallas Regional Chamber named EnLink as a “Best Place for Working Parents” in 2023 for the second consecutive year. Programs assessed include EnLink’s:
- Generous paid time off policy that includes time off based on years of service in the industry or relevant work experience, 10 companywide holidays per year, and an additional eight hours of paid time off to volunteer at EnLink-sponsored community service events.
- Hybrid work schedule that allows office employees the opportunity to work from home two days a week. This schedule reduces greenhouse gas emissions associated with commuting and enhances flexibility to manage work with life commitments.
- Family-focused benefit offerings, such as pre-tax flexible savings accounts for dependent care expenses and an adoption assistance program. Benefits were expanded in late 2023 to provide a free caregiving support benefit offering assistance from a licensed care coach on navigating any caregiving need from prenatal to end-of-life care for all employees and their families.
- Paid parental leave policy granting employees who give birth up to 10 weeks of 100% paid childbirth recovery leave. In addition, non-birthing parents are eligible to receive up to five days of paid parental bonding leave for the birth or legal adoption of a child. According to the Wall Street Journal, only 35% of U.S. companies offer paid bonding or maternity leave in excess of what is required by law.²
- As reported February 2023 in Massachusetts Institute of Technology (MIT) Living Wage Calculator, the living wage in the United States was $25.02 per hour or $52,039 annually per individual), before taxes for a family of four (two working adults, two children); Amy K. Glasmeier, “Living Wage Calculator,” Massachusetts Institute of Technology, 2024. Accessed on April 2, 2024, https://livingwage.mit.edu.
- Dill, K and Yang, D. (2022, August 22). Companies Are Cutting Back on Maternity and Paternity Leave. The Wall Street Journal. https://www.wsj.com/articles/the-surprising-benefit-some-companies-are-taking-awayparental-leave-11661125605.
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The information and data (collectively, “Information”) provided in EnLink’s 2023 Sustainability Report (“Report”) reflects content as of and for the period ending December 31, 2023, unless otherwise indicated. Such Information in this Report is for informational purposes only. EnLink does not make, and hereby expressly disclaims, any representation or warranty as to the accuracy or completeness of the Information contained herein. This Report is being published on August 6, 2024, and EnLink undertakes no obligation or duty to (1) update or correct the Information, (2) provide additional details regarding the Information, or (3) continue to provide the Information, in any form, in the future. EnLink reserves the right, in its sole discretion, to modify, update, change, delete, or supplement the Information from time to time without notice. The Information should not be interpreted as any form of guaranty or assurance of future results or trends. EnLink is expressly not incorporating by reference any of the Information into any filing of EnLink made with the United States Securities and Exchange Commission or in any other filing, report, application, or statement made by EnLink to any federal, state, or local governmental authority. This Report contains information based upon EnLink’s role in the broader economy, environment, and society and is presented for the purpose of responding to issues that are important to a wide range of interested parties. While events, scenarios, and efforts discussed in this report may be significant, any significance should not be read as necessarily rising to the level of materiality pertaining to disclosures required under U.S. federal securities laws, which have distinct and specific concepts of materiality.