Devon Energy Reviews
Updated Feb 5, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 15 ratings Employees are "Very Satisfied" |
CEO Rating
Based on 7 ratings
President, CEO, and Director |
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Pros
- Challenging work
- Flex time, PTO
- Compensation and benefits
Cons
Limited geographic locations and work focus areas
Advice to Senior Management
Diversify portfolio
Pros
-Excellent compensation package, with bonus, stock options and pension funding
-One of the lowest cost of medical insurance
-Great 9/80 schedule and vacation days
-Management and people you work with are great
-Fosters more of a family feel at work
-Organization tries to do everything first class
-Really shows commitment to its employees
Cons
-Sometimes communication amongst groups is missing at least in IT, things happen without heads up to other teams that may be impacted
Advice to Senior Management
Keep up the good work and the compensation benefits in place defenitly make it difficult for someone to leave, as not many companies can match what Devon has to offer
Pros
Company is solid...excellent local reputation.
Excellent Benefits.
Larry Nichols and John Richels are hugely inspirational.
Cons
Onboarding is non-existent.
Feel like I am in a vacuum...not much of a team atmosphere.
Expectations are totally unrealistic.
We automatically bend over for the business, which is not always the best thing to do.
Some senior leaders do not know how to lead people, but might be great bean counters or project managers. People leadership needs a wholly different approach.
Advice to Senior Management
Have a plan and don't be afraid to lead.
Pros
Great work- life balance and love 9/80 work schedule.
New building should be finished in early 2012
Solid compensation package
Cons
Changing to SAP on January 1, 2012.
Sniper method of firing people - they never see it coming.
Advice to Senior Management
Ask for feedback to understand the areas Devon needs to improve in.
Pros
9-80 work week. Good medical benefits
Cons
Huge moment of transition and uncertainties at the moment.
Pros
Devon walks the talk
Commitment to team and growth
Strong Values
Recognized externally by Fortune 100 and Great Places to Work as a top employer
Strong growth and solid portfolio
Cons
Devon is a great company but not well known outside of operational areas
Strong growth but talent is stretched
Needs to work out some of the cross border reporting relationships internally
Pros
Devon is one of the best oil and gas companies to work for in Calgary. The people there are top notch.
Cons
The internship program is not as structured as at other companies. It's up to the student to show initiative, set goals and self-monitor performance.
Advice to Senior Management
Management should embrace new IT technology to facilitate communication and collaboration such as in-house social media. Devon should look towards companies like Google for innovative strategies to improve working conditions and stimulate creativity.
Pros
Great company and people
* great pay
* opportunities for some to advance
* invests in their people
Cons
Big "programs of the month" eroding their edge
* seems like a different big initiative each year
* consultants everywhere, then they go away, then more come back
* becoming like all the other big corporations, which is a shame
Advice to Senior Management
Look internally to ideas, improvements, culture, not outside
Pros
Good people - everyone cares
Great environment - very open to sharing ideas, knowledge, and information
Company as a whole is focused on always doing the right thing
One of the strongest balance sheets among peer group
Cons
Currently streamlining portfolio - laying people off
Communication regarding potential advancement could be better
Industry wide - gas prices are down, salaries are frozen
Advice to Senior Management
Common sense decisions - keep it up
Controlled and conservative management of assets - keep it up
Do everything possible to make Washington DC aware of the importance of nat gas
Be careful not to put all eggs in shale gas basket
Pros
Fewer hours involved than comparable companies
Three weeks vacation
Employees are friendly, management shows respect
Cons
Executive positions are in Oklahoma- can only advance to a certain point in Houston
Currently downsizing and laying people off
Advice to Senior Management
Don't grow the company too fast where it can't handle downturns in the economy. Keep the "family" feel where employees are not a number, but a person.

