Parker Wellbore Benefits

3.5
10 Ratings

Which benefits does Parker Wellbore provide?

Current and former employees report that Parker Wellbore provides the following benefits. It may not be complete.

Insurance, Health & WellnessFinancial & RetirementVacation & Time OffPerks & DiscountsProfessional Support

Insurance, Health & Wellness

Health Insurance
3.5
2 Ratings
3.0
1 Rating
5.0
1 Rating
3.0
1 Rating

Financial & Retirement

3.5
2 Ratings
4.0
1 Rating
3.0
1 Rating
3.0
1 Rating

Vacation & Time Off

3.0
3 Ratings
4.0
2 Ratings

Perks & Discounts

4.0
3 Ratings
3.0
1 Rating

Professional Support

4.0
1 Rating

Employee Benefit Reviews

Showing 1–10 of 10 comments

Most Commented

  • Vacation & Paid Time Off(3 comments)

    15 days of PTO at year

  • Free Lunch or Snacks(3 comments)

    Free unhealthy snacks and sodas, unlimited coffee.

  • Sick Days(3 comments)

    This depend each department, normally you can take sick days as needed.

Jul 14, 2022
4.0
Current Employee

5% 401K match and decent benefits.

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May 27, 2021
3.0
Former Employee

The Benefits package was good

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Apr 5, 2018
3.0
Current Employee

Free snacks and drinks in break room.

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Jan 3, 2018
3.0
Current Employee

Best thing is flexible hours, 9/80 schedule = free Friday afternoon. Worst thing is very limited health insurance and poor 401k match.

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Jan 12, 2017
2.0
Current Employee

The healthcare they offer has taken a turn for the worse. High out of pocket cost and small in network opportunities

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Apr 10, 2016
2.0
Current Employee

As a contractor, you do not get benefits. They like contractors as workers. It seems a lot of contractors have been there for quite a few years. However, when they are layoffs it seems like they are the first to go so watch out for that.

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Mar 22, 2016
5.0
Former Derricks in New Iberia, LA, Louisiana

401K match program up to 6% (I think it's 6%), Vision, Dental, Health, standard except for the 401K program

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Jan 4, 2016
5.0
Former Site Manager in Houston, TX, Texas

Parker Drilling had an excellent benefits package; including medical (health, vision, dental), 401K, personal time off, life and disability insurance.

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Sep 30, 2015
4.0
Former Employee

Health insurance is great. Coverage is great. 401k match is good though stock price is low.

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Sep 17, 2014
4.0
Current Employee

Parker Drilling has a respectable benefits package. The employee contribution for medical coverage is very reasonable, plus they match a percentage of 401k contributions.

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