Merit increases are bogus - Project Manager SLB Employee Review

benefits, vacation, 401k, I love working for SLB

I wish they had a better way of promoting.

Good people at the local level. The work is engaging and challenging.

Too many to count. Career advancements are extremely limited. Pay raises are minimal and don't get close to keeping up with inflation even for top performers. At the corporate level they are using acquisitions to hide massive layoffs. They return billions in profit to investors consistently, but there is still a constant threat of layoffs and multiyear freezes on pay raises even with inflation and solid corporate profit.