Parker Drilling Reviews

Updated January 9, 2015
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2.0
3 Reviews
Recommend to a friend
Approve of CEO
Parker Drilling CEO Gary Rich
Gary Rich
1 Rating

3 Employee Reviews

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  1. Helpful (1)

    High Turnover

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Parker Drilling full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    Doesn't Recommend
    Neutral Outlook

    Pros

    Very nice people to work with. Salary/Benefit package is a bit below market but okay. Pay 100% for van pools which is better than many companies. Location in Greenway Plaza is nice as it is close to so many restaurants and near downtown and the galleria.

    Cons

    Bonuses are minimal except for upper management and those that negotiate prior to accepting an offer. Most employees have either been there well over 10 years or under 2 years. The gap is due to very high turnover. Employees don't seem to stay very long and PKD is famous for firing employees constantly. There are little to no procedures in place and since most of the employees are new, there is a lot of chaos and confusion. HR has the highest turnover so don't look to them for guidance.

    Advice to Management

    Value your employees and invest in them. Training and team building go a long way. Stop the bleeding and try to retain your employees so that you're not having constant turnover which is very costly to the company.

  2. great start out job

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Parker Drilling full-time (More than a year)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    they have very good cooking

    Cons

    it is a low paying company

  3. Helpful (1)

    Parker used to be a good company.

    • Comp & Benefits
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Parker Drilling

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Flex time available. Payroll is knowledgeable. Legal has some good people. Help-desk is helpful. Compliance is watchful. Safety is a priority.

    Cons

    Stock price has not risen in years, everything senior management has tried seems to go south, raises and bonuses promised but not delivered in 2-3 years, starting salaries low. There seems to be a "If you don't like it, then leave mentality." Slim-to-no chance of promotion and no career path available.

    Advice to Management

    Promote from within instead of constantly bringing in new people. Chart out career paths and encourage everyone to educate themselves. Stop rewarding upper management for its inept decisions. Deliver on your promises or more good people will leave.

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