TORM Reviews | Glassdoor

TORM Reviews

Updated February 4, 2017
14 reviews

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4.2
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TORM CEO Jacob Meldgaard
Jacob Meldgaard
5 Ratings

Employee Reviews

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  1. "4th engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Mumbai (India)
    Current Employee - Anonymous Employee in Mumbai (India)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good salary .
    Good safety culture

    Cons

    Old Ships
    Slow promotion
    Less office job opportunities for seafarers

    Advice to Management

    please make sure seafarers are timely signed on and signed off.


  2. "Lost in translation!"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Third Assistant Engineer in Mumbai (India)
    Former Employee - Third Assistant Engineer in Mumbai (India)

    I worked at TORM (More than 3 years)

    Pros

    The work culture is good. Few pros include
    Majorly Indan crew
    Indian food onboard(Vegetarian meals)
    Industry standard reimbursements

    Cons

    After the change in office staff, the wait times for joining has increased considerably. A change in medical centres has aggravated the situation

    Advice to Management

    The HR team needs a complete overhaul. Also, severe cost-cutting measures have resulted in employee attrition and work rest imbalance. The impending loans and constant sale of vessels does not help the company's reputation either.


  3. "It is a great company to work for, especially for upcoming talent"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Second ENGINEER in Mumbai (India)
    Former Employee - Second ENGINEER in Mumbai (India)
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Great career development for upcoming talent

    Cons

    Working long hours with high stress levels

    Advice to Management

    More reviews with the new entrants and fresh talent


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "'Good' in present market scenario."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Marine Engineer
    Current Employee - Marine Engineer
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at TORM full-time (More than 3 years)

    Pros

    Provides good working culture, concern for safety of employees working onboard, optimum growth environment, decent and in-time salaries.

    Cons

    Aging fleet, excessive budget cuts.

    Advice to Management

    Budget cuts are imperative in this competitive market but offshore staff should also feel the burden of it as much as onboard staff do.


  6. "3rd Assistant Engineer"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Third Assistant Engineer in Mumbai (India)
    Former Contractor - Third Assistant Engineer in Mumbai (India)
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at TORM as a contractor (More than 3 years)

    Pros

    Wages on time
    Good Crew welfare

    Cons

    Currently under heavy losses
    Cutting corners in spare parts ans stores


  7. "Good"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    long term stay and growth, Ownership advantages.

    Cons

    promotion delay, less no of ships


  8. "International shipping at its best"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Trader in Copenhagen (Denmark)
    Current Employee - Trader in Copenhagen (Denmark)
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at TORM full-time (More than 3 years)

    Pros

    Exciting, fast paced international work environment. Offices in Copenhagen, Singapore and New York. Plenty of scope for personal development.

    Cons

    Tanker market most likely to stay depressed for years to come, limiting bonuses and career possibilities. Torm has experienced a financial restructuring which will impact companys flexibility.


  9. "no personal considerations or attention"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Engineer in Copenhagen (Denmark)
    Current Contractor - Engineer in Copenhagen (Denmark)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at TORM as a contractor (Less than a year)

    Pros

    good name safety culture head office good local office not so good

    Cons

    no stable life no shore opportunities

    Advice to Management

    give shorejob opportunities


  10. "4 good years"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Chartering Assistant in Copenhagen (Denmark)
    Former Employee - Chartering Assistant in Copenhagen (Denmark)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good Collegeus and a good working enviroment. Lost of benefits

    Cons

    Not paying that well a salary


  11. "its verry well organised and good managed company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Floating Staff
    Current Contractor - Floating Staff
    Recommends
    Neutral Outlook

    I have been working at TORM as a contractor (Less than a year)

    Pros

    it provides safe and good atmosphere to serve in his company

    Cons

    the management is only listening to the upper top ranks might be they are wrong or right

    Advice to Management

    the contract for crew has to be renewed and it should be of six months i.e.. enough from every angel