Transocean Reviews | Glassdoor

Transocean Reviews

Updated March 20, 2019
199 reviews

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2.9
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Transocean President and CEO Jeremy D. Thigpen
Jeremy D. Thigpen
44 Ratings

Employee Reviews

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Pros
Cons
  • "Constant drama and uncertainty no sense of job security" (in 4 reviews)

  • "Long hours with managers that do not care about you" (in 4 reviews)

More Pros and Cons

  1. Helpful (1)

    "Solid company with bright future"

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

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

    Pros

    Good culture, good compensation, good benefits. Hard work is rewarded. People are very friendly and great to work with. Management is very smart and understands business. Great place to work. Half day Fridays. Casual Fridays. Company is positioned well for offshore recovery.

    Cons

    Long hours can be rough, no more pension, runs a very lean operation often doing the work of multiple people at other companies.

    Advice to Management

    Retain employees by paying them more. Provide more transparency about career progression.


  2. "Analyst"

    StarStarStarStarStar
    Current Employee - Analyst
    Current Employee - Analyst

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

    Pros

    Environment is friendly, people are great

    Cons

    Drilling environment is sometimes unstable

  3. "A lack of direction"

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

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

    Pros

    401k and benefits are good

    Cons

    Lack of direction or purpose. Seem like the mission statement needs to be revisited.


  4. "Trending down..."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Accountant in Houston, TX
    Former Employee - Senior Accountant in Houston, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    - 401k plan - Flex schedule on Fridays - Mostly good people

    Cons

    - Lack of communication - Frozen DB pension plan - Annual rising healthcare premiums passed to employees - Lack of employee development

    Advice to Management

    Improve on employee development programs.


  5. "Not as safe as proclaimed"

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

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

    Pros

    The new people to the company are the best assets

    Cons

    Backstabbing from the people that were already there because that is the best way to get anywhere.

    Advice to Management

    Open eyes and take the truth. Not just smoke and mirrors for legal coverage


  6. Helpful (1)

    "IT Network Telecom"

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

    I worked at Transocean full-time

    Pros

    Great co-workers, benefits, Christmas parties, work environment, half day fridays

    Cons

    Some IT management unqualified for the assigned job, too much politics, who you know not what you know

    Advice to Management

    promote from within, hire competent management


  7. "Staying Afloat in Down Market at What Cost?"

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

    I have been working at Transocean full-time (More than 10 years)

    Pros

    -Challenging work every day is different
    -Crews are like second family great spirit among most teams

    Cons

    -Erosion of benefits which started before downturn
    -Shore based management works for own interest not personnel on the rigs
    -Constant drama and uncertainty no sense of job security

    Advice to Management

    Transocean has done everything with the interest of looking out for the shareholders prior to and since the merger. They have made the tough decisions needed for the company to survive. Rig based and lower lever shore based employees, who are the heart of the company, have sacrificed dearly so Transocean could remain viable. The same sacrifices have not been made at the higher end of the company, keep in mind CEO and upper level management compensation is public knowledge. this has drug out to the point where many skilled workers are going into different industries. Transocean needs to turn the tide now to make things better for the "average" employees or they will find themselves desperate for quality qualified employees when the market turns around.

  8. "travel plan"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Neutral Outlook
    No opinion of CEO

    I worked at Transocean full-time

    Pros

    they pay attractively and with alot of bonuses

    Cons

    the company is very much short staffed . u will be abused

    Advice to Management

    increase work staff to avoid workeers right abuse


  9. "Salary needs improvement"

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

    I worked at Transocean full-time

    Pros

    Travel the world and great experience.

    Cons

    Political and only certain groups of colors advance .


  10. "Management In India are worthlesss not supportive to Indian employees"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Floorhand in India, MS
    Former Employee - Floorhand in India, MS
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Transocean full-time (More than 10 years)

    Pros

    It is only the place where safety documentation is done tooo much

    Cons

    The Management are not supportive to their own Indians as the crew working on the offshore work in stress and the office Management do not support them.

    Advice to Management

    Management should not behave like a black sheep in families. Where they speak they treat everyone working in Transocean as family member.