Parker Drilling Reviews | Glassdoor

Parker Drilling Reviews

9 reviews

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2.0
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Parker Drilling CEO Gary Rich
Gary Rich
5 Ratings

9 Employee Reviews

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  1. Helpful (1)

    "Fulltime manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Houston, TX
    Former Employee - Anonymous Employee in Houston, TX
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at Parker Drilling full-time (More than 3 years)

    Pros

    Free Snacks, office location, paid parking

    Cons

    Culture, Turnover, poor HR, lack of growth

    Advice to Management

    Pick it up, know the value of those you have


  2. "Derrickhand"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend

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

    Pros

    Good breakout company, good insurance, 401k, would only recommend if you've never worked offshore to get experience they have good food

    Cons

    Low pay, sorry upper management don't care about employees, they are cheap don't want to give raises or buy things the employees need on rig

    Advice to Management

    Be a little more caring about employees considering they are the ones doing all the work while you draw the big paycheck

  3. "Great Location...not so great management."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Houston, TX
    Former Employee - Anonymous Employee in Houston, TX
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Parker Drilling full-time

    Pros

    Great location between the Galleria and Downtown. Work life balance is pretty good depending on the department you work for.

    Cons

    No clear vision for the future. Executive management is detached and the small-company culture that used to be there has been gutted and replaced with a more sterile, numbers culture. When over 50% of the employees have been with Parker for less than 3 years, you know something is amiss.

    Advice to Management

    Get to know your people, which should be easier now that the company has been gutted from several rounds of layoffs.


  4. Helpful (1)

    "At least the pay was decent"

    StarStarStarStarStar
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    Good hourly rate. That's about it, I'm only writing this to hit the 20 word minimum.

    Cons

    Bad management, poor structure, information didn't flow freely

    Advice to Management

    Be more hands on, and transparent


  5. Helpful (2)

    "Old Regime Parker Drilling"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Nice pay and nice benefits. There are some strong leaders.

    Cons

    If you are not part of the old or current Regime you will probably be harassed, cussed, slandered and lied to about your future with the company. The people in the Corporate Office think field level personnel work for them. The older employees know how to milk things and drag things on.

    Advice to Management

    Parker could be a powerhouse Rig Drilling Contractor but old habits will never die.


  6. Helpful (3)

    "Parker Drilling - Beware"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Approves of CEO

    Pros

    The pay is good. There are free snacks in the break room.

    Cons

    There are many issues with management and when taken to HR, nothing is done. The money is good but the stress is not worth it. The turnover rate is really high. Most people leave when they can.

    Advice to Management

    Value your employees more and fix problems that are obviously impacting your employees.


  7. Helpful (2)

    "High Turnover"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook

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

    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.

  8. "great start out job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    they have very good cooking

    Cons

    it is a low paying company


  9. Helpful (1)

    "Parker used to be a good company."

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