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Generally a stable, safe job - but bureaucratic and conservative

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Business Developer  in  Stavanger (Norway)
Current Employee - Business Developer in Stavanger (Norway)

I have been working at Statoil full-time for more than 5 years

Pros

- Flexibility and working hours: While it is possible to work yourself to near death also in Statoil (depending on your position), it is generally possible to achieve a comparably good work-life balance
- Range of opportunities: As in most large corporations, there are many countries, disciplines and settings that you can work within

And as far as the company is concerned, it is expanding rapidly and has become a lot more international in the past few years. It is an exciting company to follow.

Cons

- Salaries (in Norway): Considerably lower than industry average. Furthermore, salary does not follow actual responsibility, but rather age and years of experience.
- Advancement: While you will readily be given increased responsibility, and be able to handle this well, your performance will not be rewarded by hierarchic (and hence also salary) promotion. Age is king. Period.
- The mantra underpinning Statoil's HR policy is: "Everybody wants to work here. We don't care if you leave."
- Decision making is exceedingly bureaucratic and very slow. The internal politics associated with this are suffocating initiative on a daily basis.

Advice to ManagementAdvice

Shake up the incredibly conservative salary and promotion policies. Cut internal red tape and speed up decision making.

Doesn't Recommend
Neutral Outlook
No opinion of CEO

59 Other Employee Reviews for Statoil (View Most Recent)

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  1.  

    great place to start your career

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Graduate Program  in  Stavanger (Norway)
    Current Employee - Graduate Program in Stavanger (Norway)

    I have been working at Statoil full-time for less than a year

    Pros

    on job training, challenging, caring and helpful environment

    Cons

    low salaries, lack of foreign staff at top management

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Constructive consensus based culture, highly process driven

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Calgary, AB (Canada)
    Current Employee - Anonymous Employee in Calgary, AB (Canada)

    I have been working at Statoil full-time for more than 3 years

    Pros

    Process driven ensures the decision making process is structured and not ad hoc
    High quality colleagues - very capable and professional
    Working environment is very positive / healthy
    The opportunity for travel as part of work.
    Norwegian culture is embedded into Statoil.

    Cons

    Building a wide consensus and dealing with process can slow progress
    Absence of leadership in developing projects that are cost competitive
    Statoil advertises a wide array of development possibilities - however accessing these opportunities can be difficult

    Advice to ManagementAdvice

    Statoil needs to focus developing a competitive market oriented culture in terms of project costs, no longer can Statoil rely on their dominant position in Norway and active support by the Norwegian government through fiscal policy in the transition towards a truly global company.

    Recommends
    Neutral Outlook
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