Marathon Oil Overview

Marathon employees and their family enjoy an attractive Health Care benefits package including wellness reimbursements to promote a healthy lifestyle. An Employee Assistance Program offers face-to-face counseling, Work/Life referral for child, elder care and legal/financial services. Adoption Assistance reimbursement is available for any eligible employee, and the Educational Reimbursement Plan helps facilitate an employee's career development goals.

The Thrift Plan 401k savings with 7 percent Company matching contribution is managed through Fidelity Investments; and a Company pension plan, also through Fidelity, promotes long-term financial security.

Marathon offers a highly competitive pay package that includes base pay, annual cash bonuses and long-term incentives for qualifying employees. These programs are designed to reward individual performance and align overall rewards with corporate and team performance. Paid time off benefits include sick leave, vacation, holiday and disability pay.

Marathon Oil Corporation creates value for our shareholders and provides quality products and services for our customers. In doing so, we act responsibly toward those who work for us, the communities in which we operate and our business partners.

These are the core values that guide Marathon’s approach to business:

• Health and Safety: We conduct our business with high regard for the health and safety of our employees, contractors and neighboring communities.
• Environmental Stewardship: We are committed to minimizing environmental impacts by reducing wastes, emissions and other releases.
• Honesty and Integrity: We uphold high standards of business ethics and integrity, enforce strict principles of corporate governance  and support transparency  in all of our operations.
• Corporate Citizenship: We live by our principles of corporate social responsibility  and make a difference through our philanthropic, social development and volunteer programs.
• High Performance: We create sustainable value through a high performance team culture and provide a collaborative, supportive work environment where employees are encouraged to reach their full professional potential.

Commerce. Conscience. Compassion.

Once considered mutually exclusive, these three ideas have converged in a powerful global concept -- Corporate Social Responsibility (CSR). Marathon, as a responsible corporate citizen, seeks opportunities to strengthen the communities and countries in which it has the privilege to operate, through sustainable practices and initiatives.

In practice, CSR involves assessing all the potential ways that the Company's actions and operations may impact others. It means looking beyond our office walls and outside our operational fence lines to consider how our decisions affect a broad range of individuals, groups and organizations. Referred to as stakeholders, these affected interests include local communities, non-governmental organizations, investors, employees, customers, suppliers, host governments and regulatory agencies.

Marathon's approach to social responsibility is rooted in Living Our Values, a touchstone philosophy for the entire Company. These core values, which encompass longstanding commitments to health and safety, environmental stewardship, honesty and integrity, corporate citizenship and high performance form the foundation for the comprehensive approach that shapes the way we choose to do business.