A-
78/100
Parker Wellbore Claimed Company
Parker Wellbore helps energy companies accomplish their drilling and production goals efficiently, reliably, and safely. Our global team supports oil and gas operators with innovative land and offshore drilling services; premium rental tools and well services; and advanced operations and management support. Founded in 1934, Parker Wellbore helps customers manage their costs and mitigate their risks, to achieve their operational goals in a safe and efficient manner. With experience in both harsh-environment regions and complex drilling situations, you can trust Parker Wellbore to get the job done. read more
Parker Wellbore Compensation Employee Reviews
All
Positive
Constructive
What is the best part about your compensation package?
Bonus can be earned at end of year
Review from Sales Dept
In my current case it's very clear and simple.
Review from Operations Dept
Fixed salary every month, makes it predictable
Review from Operations Dept
The compensation package is very competitive for the current market in O&G business in Mexico.
Review from Business Development Dept
Medical insurance benefits are the best.
Review from HR Dept
not sure if i have a compensation package ?
Review from Sales Dept
the savings fund and the medical insurance
Review from HR Dept
The incentive Compensation Program is the best part
Review from Operations Dept
The best part of a compensation package often includes a combination of competitive salary
Review from Finance Dept
Company pension contribution is better than some competitors.
Review from Product Dept
HR keep everyone posted about the benefit packages
Review from Engineering Dept
not having to worry about getting paid
Review from Operations Dept
housing allowance and regular adjustments to match the market prices
Review from Operations Dept
Major medical expense insurance and the bonus
Review from Admin Dept
currently Compensation is the best part rather than other factors
Review from HR Dept
I am satisfied with the compensation package, however, if there is a clear competency based grading and compensation system, it would be fair and non-biased.
Review from Operations Dept
The basic salary is one of the best in the market, good benefits like housing etc.
Review from Executive Dept
Sales bonus tat allows me to be compensated for what I bring to the table.
Review from Sales Dept
Fixed compensation (Basic + Housing allowance)
Review from Business Development Dept
Not only the pay, but the ability to have some autonomy when doing my job
Review from Operations Dept
Why do you feel undervalued and what would make you feel better about your compensation?
Some non-management employees make more money
Review from Executive Dept
Sales Bouns or get paid same as per Market
Review from Business Development Dept
There are no bonuses or stock options available and the raises are very minimal. A performance based bonus would be nice.
Review from Operations Dept
I feel my grade is lower than what i expected when hired. This affects bonus and travel. Also first time in my career there has been no car allowance
Review from Operations Dept
I was asked to give 8% salary back in 2020, since I have received minimal pay increases, totaling approximately 11%. So since 2020 I have received 3% in pay increases while inflation has increased drastically since 2020.
Review from Operations Dept
there should be a need to discuss this with duties and benefits
Review from Finance Dept
Compared to the salary ranges at other companies, our compensation is below average. Some companies offer additional bonuses if employees meet expectations.
Review from Finance Dept
The salary should be but it is not competative with the local market
Review from Operations Dept
Some are treated better than others. Privileged few get their families relocated, extremely highly paid, business class tickets based on their relationships. Others who add value, work completely independently don't even have the budget to travel coach or money to improve workflows.
Review from Operations Dept
I was working with Parker last 11 Years. I never got an increment for last 8 years( from 2013 to 2021). Thanks for giving the increment for last two years (2022&2023). The salary was 2013 to 2021 was AED 12,000.00( No Increment for 8 years)
Review from Finance Dept
Unclear work tasks, multiple work tasks
Review from Engineering Dept
A more objective performance review to analyze Knowledge, Skills, and Abilities to appropriately staff positions within the organization.
Review from Operations Dept
My salary package and benefits (especially regarding child education) are not comparable to the current market norm.
Review from Finance Dept
There should be better health insurance, yearly air ticket, and bonus compensation as per performance.
Review from Engineering Dept
There is disparity on the compensation. It's not according to the position.
Review from Operations Dept
There is no feedback or backup of the work I do
Review from Operations Dept
I am writing to express my concern regarding the delay and eventual invalidation of the benefits previously approved by the former HR, General Manager, and Vice President. Despite the management changes, I believe it is crucial to honor past commitments. I kindly request meeting with HR.
Review from Operations Dept
Alignment with local Market Compensation.
Review from HR Dept
While I appreciate the trust and responsibility given to me at the Eastern Hemisphere level, my compensation hasn't aligned with this expanded role, even after five years. A pay adjustment reflecting my contributions at this level would make me feel more valued.
Review from Operations Dept
Vacation days improvement, Health insurance coverage (include family and include outpatient), Bonus scheme, additional job/role = additional salary
Review from Finance Dept
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