500 Job Source
6700 Las Colinas Blvd.
Irving, TX 75039
CEO: David Seaton
Stock Symbol: FLR
Fluor Corporation is one of the world's largest, publicly owned
engineering, procurement, construction, and maintenance services
Fluor serves clients in a wide variety
of industries worldwide, including oil and gas, chemicals and
petrochemicals, commercial and institutional, government services,
life sciences, manufacturing, microelectronics, mining, power,
telecommunications and transportation.
Consistently rated as one of the world's
safest contractors, Fluor's primary objective is to develop,
execute, and maintain projects on schedule, within budget, and
The company has worked on projects including the San Francisco-Oakland Bay Bridge completed in 2013 and the new Tappan Zee Bridge north of New York City that will be finished in 2018.
The company has 60 offices in six different continents.
In 2013, Fluor reported revenues of $27.35 billion and net income of $667.7 million.
Full year new awards were $25.1 billion, comprised of $12.9 billion in Oil & Gas, $6.6 billion in Industrial & Infrastructure, $4.1 billion in Government and $1.5 billion in Power. Consolidated backlog at year-end was $34.9 billion, which compares with $38.2 billion a year ago, reflecting a continued decline in mining and metals awards and the fourth quarter cancellation of a large copper/gold project in South America.
Fluor began as Fluor Brothers Construction
Company and quickly built its reputation for applying innovative
methods and performing precise engineering and construction work
within the emerging petroleum industry. During the 1920s, Fluor
developed expertise in the oil and gas field in process construction.
Incorporated in 1924, the company began executing more complex
engineering and construction projects, which continue today to
be a cornerstone of Fluor's expertise.
During the 1930s, the company won contracts
in Texas, Indiana, Missouri, and Illinois that helped to establish
Fluor as a major competitor in the refinery construction field.
The 1940's war effort brought the company many opportunities
for expansion. Even as its domestic workload grew, the company
secured contracts for refineries and natural gas plants in Canada
and Venezuela. Fluor's solid reputation as a refinery engineering
firm led to the company's first Middle East assignment, in Saudi
In the early 1950s, Fluor began working
with the U.S. Government executing contracts in the nuclear field.
The company also contracted for U.S. Air Force work at Dhahran
Air Base, Saudi Arabia, and for refineries in Puerto Rico. More
projects followed, and Fluor designed and built plants for the
petrochemical industry in Australia, Canada, Scotland, and South
Africa. By the end of the decade, Fluor had established offices
worldwide, and was a publicly traded company on the New York
Stock Exchange. The company's reputation helped to win many energy-producing
In the 1960s, Fluor continued its international
expansion with the construction of the first refinery in South
Korea. The company also diversified into offshore drilling and
By the 1970s, the company's activities
focused heavily on the international natural resource industries.
Fluor set up subsidiaries and management organizations in Alaska,
Europe, Indonesia, Saudi Arabia, and South Africa. It was during
the 1970s, that Fluor completed work on the Alaskan pipeline
and constructed the world's largest offshore facility. In 1977,
the company acquired Daniel International Corporation, a leader
in establishing the design-build, single-responsibility concept
that allowed the company to deliver projects months ahead of
Here are benefits for salaried employees:
Health & Dental Coverage
You are eligible for health and
dental coverage on your first day of employment.
The medical plan offers three health care options and, in certain
California locations, a health maintenance organization plan
(HMO) through Kaiser Permanente is also available. You select
the option that's right for you and your family.
A company subsidized dental plan is available through United
Dental. Two options will provide financial help for preventive,
basic and major dental care. Participants can use private practice
dentists at PPO and non-PPO rates.
Life & Accidental Coverage
The company provides one times your base annual salary up
to $50,000 of noncontributory life insurance (company paid) coverage.
For more protection, you can buy from a range of life insurance
(contributory) options from group universal life (GUL) and accidental
death and dismemberment (AD&D) coverage for you and your
The company provides additional accident insurance for eligible
Retirement & Savings Plans
The company's retirement and savings program includes several
plans that provide competitive benefits and cost-effective ways
to save. The Defined Retirement Plan is fully paid by the company,
and employees are automatically enrolled after one year of service.
Annual company contribution credits to the plan are based on
age and service.
The Performance Plan is fully company funded and encourages you
to engage in performance that contributes to the success of the
company's financial performance. It enables you to share in the
rewards of that success. Employees with one year of service are
The Salaried Employees' Savings Investment Plan (SIP) and its
401(k) provision can help you build long-term financial security.
Employees can join the SIP immediately upon being hired and are
eligible for company matching contributions after one year of
service. Participants manage their accounts in the plan by selecting
among different contribution levels and investment funds with
varying objectives. Loans are offered through the SIP.
Section 415 Plan
This part of the Federal Internal Revenue Service Code limits
the amount you and the company can contribute to your retirement
and savings plans. In general, total employee and company contributions
may not exceed 100 percent of your gross wages, or $40,000, for
certain types of savings and retirement benefits.
Time Off With Pay
TOWP is a flexible program that clearly ranks at the top
of innovative paid-time-off systems. It gives you the freedom
to choose how to use most of your paid time off. TOWP is accrued
according to years of service.
Year of Service -- TOWP Credits Earned
Up to 4 years (1-48 months)
184 hours a year (3.54 hours per week)
4 years - 19 years (49-228 months)
240 hours a year (4.62 hours per week)
20 years or more (229 months or more)
280 hours a year (5.39 hours per week)
TOWP is accrued on a weekly basis and you choose how to spend
it for vacations, holidays, personal time, illness, doctor, or
other, appointments. Unused TOWP can be accrued up to 2,080 hours.
You can cash out accrued hours once a year.
Tax Savings Account
Participation lets you use tax-free dollars to pay certain
out-of-pocket expenses. Two accounts are offered: the Medical
Expense Tax Savings Account; and the Child/Elder Care Tax Savings
Account. You may put up to $5,000 into each plan each year. Reductions
are made every pay period.
Several plans are available to meet your short-term disability
insurance needs. The company pays for long-term disability insurance.
EAP (Employee & Family Assistance Program)
Counseling, assessment and referral services are available
immediately for you and your family members, up to 3 visits free
per plan year.
Active, full-time salaried employees are eligible for reimbursement
for tuition, registration, non-resident fees, laboratory fees,
and textbook fees upon satisfactory completion of courses related
to current, or future, positions. Course requests must be approved
in advance of enrollment by management.
Updated February 22, 2014