4.0
Jun 18, 2012
NOV - Market Leader in Oilfield equipment
Current employee, more than 5 years
Houston, TX
Recommend
CEO approval
Business Outlook
Pros
Market leaders in drilling and supporting technology. Sound business strategy even during recession. Excellent overall backlog and continuing growth plan. Excellent products and growing market penetration, acquisitions, etc.
Cons
Not competitive in terms of salary compared to market and competition (about 10-20% less than competition), Management does not care much about employees. Few managers control employee progress. High level politics affects employee morale and performance. Engineering & R&D is slow as employee retention is a problem due to low salaries. All facilities operate as separate entities, so lack of consistency in culture and outcomes.