Teekay Reviews | Glassdoor

Teekay Reviews

Updated April 24, 2017
25 reviews

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25 Employee Reviews

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  1. Helpful (1)

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

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in Vancouver, BC (Canada)
    Former Employee - Business Analyst in Vancouver, BC (Canada)
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Teekay full-time (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 Management

    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.


  2. "Lacking growth opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Vancouver, BC (Canada)
    Former Employee - Anonymous Employee in Vancouver, BC (Canada)
    Neutral Outlook
    No opinion of CEO

    I worked at Teekay full-time (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 Management

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

  3. "Teekays is a nice and standard compmany you can learn and earn nicely."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior EHS Officer in Bengaluru (India)
    Current Employee - Senior EHS Officer in Bengaluru (India)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Teekays work environment is too good.. you will get a best experience.

    Cons

    You may get salary 1 week late thats a issue


  4. "Used to be a great company, but poor management and CEO"

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

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

    Pros

    Great benefits, nice sincere people to work with

    Cons

    Terrible communication within the company, the CEO does not know how to interact with his employees. Unfortunately CEO and management does not execute communication properly within the company. CEO does not have people skills and comes off as untrustworthy. Just check the employee surveys to confirm this.

    Advice to Management

    Losing great talent to the competition should be something to think about. What was once a world class company is now an average run of the mill organization.


  5. Helpful (1)

    "Financial Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in Vancouver, BC (Canada)
    Current Employee - Financial Analyst in Vancouver, BC (Canada)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Alot of learning opportunities here.

    Cons

    First year is a big learning curve.


  6. "Life At Teekay"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Fisrt Assistant Engineer
    Former Employee - Fisrt Assistant Engineer
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Excellent Pay package, Timely Relief.

    Cons

    complete CBT to move up the ladder.

    Advice to Management

    Ship type and actual performance should be given priority before making cbt's absolute must to get promotion.


  7. Helpful (1)

    "Great company to work for"

    StarStarStarStarStar
    • 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)
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great company to work with, good salaries & short 3 month contract

    Cons

    Bit slow on promotions and at least need 3 recommendations

    Advice to Management

    None

  8. "Great"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Great work culture, open communications, short tenures, timely wage repatriation, good training programme, reimbursement of expenses, medical insurance for full family.

    Cons

    Different wages for different nationalities.

    Advice to Management

    One rank, one pay should be implemented.


  9. "A dynamic company to work for if your goals lie in Corporate Management & Strategy."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Offshore Employee in Houston, TX
    Former Employee - Offshore Employee in Houston, TX
    Recommends
    Negative Outlook
    Approves of CEO

    I worked at Teekay full-time (More than 5 years)

    Pros

    Multinational workforce & dynamic organisation due to the industry of the company. Many new avenues to further ones career in the shipping and offshore industry with the market leader.

    Cons

    Too rigid as far as introduction of new comer´sto organisation goes. You are constantly watched. More like the management wants you to make an error rather than help you solve it.

    Advice to Management

    Lossen up.


  10. "Teekay LNG"

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

    I have been working at Teekay full-time (Less than a year)

    Pros

    Have been in Teekay for a short while but so far things seems ok.

    Cons

    Too much of paper work.


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