Transocean Reviews | Glassdoor

Transocean Reviews

Updated November 8, 2018
192 reviews

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3.1
StarStarStarStarStar
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Transocean President and CEO Jeremy D. Thigpen
Jeremy D. Thigpen
40 Ratings

192 Employee Reviews

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Pros
Cons
More Pros and Cons

  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. "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.

  3. "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


  4. "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 .


  5. "They suck"

    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 Transocean full-time

    Pros

    Good money for upper management.

    Cons

    Crappy to workers when laid off.

    Advice to Management

    Quit


  6. "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.


  7. "Senior Controls Engineer"

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

    I have been working at Transocean full-time (More than 5 years)

    Pros

    Great exposure to offshore.
    Work life balance.

    Cons

    Hit hard by suffering oil prices

    Advice to Management

    Know your people and the strength they contribute.

  8. "Rig Electrician"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Transocean full-time

    Pros

    Bonus, Medic care for family

    Cons

    When price of gas went down they lay off most of employees.


  9. "naval architect"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Negative Outlook
    Disapproves of CEO

    I worked at Transocean full-time

    Pros

    good company to work for

    Cons

    knee jerk reaction laying off

    Advice to Management

    keep good employees


  10. "Technical Accountant Anaylsis"

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

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

    Pros

    Fast pace, great employees, challenging work, good people.

    Cons

    long hours, no pay raises,

    Advice to Management

    Y'all are doing a great job.


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