Great People; Lackluster Compensation - Anonymous employee NOV Employee Review

4.0
8 Jan 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

People are amazing! Friendly and helpful. This is probably one of the best and underrated parts of NOV. Managers are quite approachable and listen to employees. Somewhat flexible work life balance. Managers usually respect and trust employees when it comes to personal needs like dealing with kids, doctor's visits, etc. Telecommuting isn't widely accepted yet but we may be getting there soon. Locations in major cities. Plethora of employee wisdom due to older employees remaining until retirement. Company welcomes feedback. Just recently held a survey and sent out an action plan based on its results. Benefits are at least pretty standard. They compensate for travel. They provide medical, vision, and dental. They match 401k up to 4%, which is nice. Vacation starts at 3 weeks standard and grows with seniority. When times are good, they're great because NOV also does profit sharing. If you know big oil, then you know those checks are nice. Don't expect another anytime soon though. They've already laid off several employees to stay afloat, meaning anyone remaining or new is probably safe at this point. They also seem to be securing more opportunities.

Cons

Compensation is normally below average, adding to their retention concerns. Path for career growth is obscure despite managers being highly approachable. Industry itself is more traditional and less open to newer practices. This, however, is showing signs of change. Not sure who will carry the torch as the senior employees continue to retire. The younger people tend to be drawn to perks of startups and not stick around long at NOV. NOV really falls behind here due to the old school expectation of monetary compensation and just having a job being enough for employees.

Explore other reviews about NOV

5.0
21 May 2026
Recommend
CEO approval
Business outlook

Pros

Good Resources to do job

Cons

Lack of Training for improvement - learn as you go

4.0
12 June 2026
Recommend
CEO approval
Business outlook

Pros

Good job security as long as you follow the rules.

Cons

Can be hard to move up

See reviews by: Helpful|Rating|Date|All