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Rowan Companies

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20 reviews
5.0
8 Apr 2024
Recommend
CEO approval
Business outlook

Pros

good benefits benefits benefits benefits benefits benefits

Cons

not enough compensation, employees were horrible, no support

3.0
27 Oct 2017

Declining Culture not the same company

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Competitive Salary and Good Benefits, work life balance.

Cons

Constantly hiring outside the organization rather than promoting from within. Poor communication between management and employees.

3.0
9 Feb 2021

Ok to work for

Recommend
CEO approval
Business outlook

Pros

Salary, Benefits, and Vacation time

Cons

Don't let managers do their job

2.0
23 May 2018
Recommend
CEO approval
Business outlook

Pros

* I still get a paycheck * A lot of my coworkers are nice people * I've been given a lot of responsibility * There's still some 401(k) match * Employees in senior positions are eligible for annual cash bonuses and stock (RSU) bonuses * "Diversity is a top priority" * Oil prices are finally on the rise, so maybe things will get better... ?

Cons

* The responsibilities increased because I'm now performing additional duties of two other employees who are no longer with Rowan * No title or compensation change accompanied the additional responsibilities * Management and career development are SEVERELY lacking * After 4 years with no pay change, I finally got a small raise this year... only to have it clawed back when the company announced an end to the pension program (5% of pay) AND a reduction in the 401(k) match (now a 5% match instead of 6%) * There are limited opportunities for advancement * The available opportunities tend to be awarded to white men, especially those who have a social or family connection to the (current or former) CEO * Although I believe it's subconscious, there is a bias towards hiring & promoting men. Despite all the talk and goals to the contrary, it doesn't feel like diversity is actually a priority. * Employees in junior technical roles and support staff roles do not qualify for any sort of bonus * We're strongly discouraged from discussing compensation and benefits. Presumably this is because there are massive discrepancies among people in similar positions. * CEO is streamlining the company, but at the cost of employee morale. -Will there be more layoffs? -Will we have more benefits reduced? -Will I ever get considered for a promotion? -Is the guy with the same title & experience as me really making as much money as the anonymous reports on Glassdoor (because I'm making about 35% less than that!)? -Are the rumors about moving to a PTO model accurate (a reduction in total paid days off)?

5.0
22 May 2020

Great company

Recommend
CEO approval
Business outlook

Pros

good benefits and pay family feel

Cons

Travel hazards environment leadership bonuses

2.0
26 Feb 2018

Rowan Review

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good health and dental benefits

Cons

Not a good culture which starts with senior managers.

3.0
1 Aug 2018

Another Drilling Company

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good Pay and Benefits and 6 months off.

Cons

Likes to keep people based on seniority instead of talent.

Viewing 1 - 3 of 20 Reviews

Glassdoor has 112 Rowan Companies reviews submitted anonymously by Rowan Companies employees. Read employee reviews and ratings on Glassdoor to decide if Rowan Companies is right for you.