NOV reviews

3.5

66% would recommend to a friend

(815 total reviews)

Clay C. Williams

73% approve of CEO

53% positive business outlook

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815 reviews

Reviews about "Compensation"

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2.0
Aug 14, 2012
Recommend
CEO approval
Business Outlook

Pros

They are great at understanding that family comes first, therefore vacation requests and days off are never a problem, provided that you have them available. They reimburse your college tuition at the end of the semester but you must pay for it up front first and you must have a C or better in all classes. Health insurance is priced comfortably and 401k is easy to set up.

Cons

Low pay is the biggest con, even for those who have been with the company for 5+ years. Few or no employee reviews or assessments and no promising career in general, especially for new grads. Low bonus pay, even when quarterly profits are impressive, especially for hourly employees. Average age for employees at our location is about 45, the newer generation looks around for a better offer pretty quickly. A lot of people have been quitting at our location lately.

4.0
Jun 18, 2012
Recommend
CEO approval
Business Outlook

Pros

Market leaders in drilling and supporting technology. Sound business strategy even during recession. Excellent overall backlog and continuing growth plan. Excellent products and growing market penetration, acquisitions, etc.

Cons

Not competitive in terms of salary compared to market and competition (about 10-20% less than competition), Management does not care much about employees. Few managers control employee progress. High level politics affects employee morale and performance. Engineering & R&D is slow as employee retention is a problem due to low salaries. All facilities operate as separate entities, so lack of consistency in culture and outcomes.

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