There are newer employer reviews for Teekay

 

Solid company and management, but run like an investment fund rather than an operating company

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Business Analyst  in  Vancouver, BC (Canada)
Former Employee - Business Analyst in Vancouver, BC (Canada)

I worked at Teekay full-time for more than 5 years

Pros

One of the most international companies based in Vancouver, BC, with a truly global presence. Smart and driven management, who also seem to care about the well-being of staff. Interesting industry and market leader position within that industry. Great reputation within the industry.

Cons

Investor-driven rather than customer driven. Investors are the target customers, and the company is increasingly run like an investment fund rather than an operating company. Very much a banking perspective on business - which makes sense since the company is run by a banker. This is negative, but only really if you would rather be in a strong customer-focused operating environment.

At / below market pay for Vancouver, but horribly under-paid on an international basis, which is where most of their competition is from. Limited upside for career progression - most younger employees have to leave for advancement, which is too bad since the rest of the company is solid.

Advice to ManagementAdvice

Consider how financially-driven you are. It may make sense from an investor standpoint, but is it the right way to run what is still, in essence, an operating company with customers? Look at how you move younger employees through the organization, and how many you've lost along the way to international firms that actually provide competitive pay. Aside from that, keep it up.

Recommends
Neutral Outlook
Approves of CEO

22 Other Employee Reviews for Teekay (View Most Recent)

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  1.  

    Lacking growth opportunities

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Vancouver, BC (Canada)
    Former Employee - Anonymous Employee in Vancouver, BC (Canada)

    I worked at Teekay full-time for more than 5 years

    Pros

    Excellent employee benefits, good bonus and company pension plan. Fresh fruit weekly and office support staff are very helpful.

    Cons

    Internal employees are not valued as much as externally recruited employees. No commitment to promotion from within. Lacking feedback and progression planning.

    A lot of overtime is expected. Not much work/life balance.

    Advice to ManagementAdvice

    Departmental heads to review internal employees' potential for growth and promotion within the company.

    Neutral Outlook
    No opinion of CEO
  2.  

    happy and no problem to this company

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

    I have been working at Teekay as a contractor for more than 10 years

    Pros

    good salary and have health card benefits

    Cons

    im happy to work at all teekay ships

    Advice to ManagementAdvice

    no comment.

    Recommends
    Positive Outlook
    Approves of CEO
There are newer employer reviews for Teekay

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