M-I SWACO Reviews

4.0

81% would recommend to a friend

(222 total reviews)

Joe Bacho

77% approve of CEO

66% positive business outlook

M-I SWACO has an employee rating of 4.0 out of 5 stars, based on 222 company reviews on Glassdoor which indicates that most employees have a good working experience there. The M-I SWACO employee rating is in line with the average (within 1 standard deviation) for employers within the Energy, mining, utilities industry (3.7 stars).

Reviews by job title

222 reviews
3.0
29 Jun 2015

Used to be great-still not bad

Recommend
CEO approval
Business outlook

Pros

Pay, time off, autonomy (mostly all go with this job across the industry) *Pro and cons of each location can vary GREATLY, FYI...

Cons

High highs, low lows Schlumberger takeover-completely changing/changed the company that they bought. *Before Schlumberger bought M-I, it felt like a family business, i.e. everyone was on the same team, wasn't much fear of losing jobs (always found a home for most even when it was slow), and the benefits were phenomenal, upward mobility was less systematic and more frequent. Now everything has and is changing to the corporate feel where you're just a very small spoke in the enormous wheel who doesn't really matter too much overall. Everything that has been changed to the Schlumberger way has been in benefit of the corporation by way the sacrifices of the individual employee. (Less pay, less benefits, more stress, etc.) Schlumberger has history of buying up businesses and ruining what made them great. I am afraid that this is happening to M-I.

2.0
17 Nov 2011
Recommend
CEO approval
Business outlook

Pros

Diverse company, offers many opportunities for personnel growth within multiple business lines

Cons

Internal politics are rampant. Upper management restructures almost every two years for the past six years and each restructure results in high percent of upper and middle management changes. Loss/change of directives, cohesion, and effects moral. Career paths are non-existant. I have seen many people, especially young professionals, leave the company with this is a major complaint. Due to so much movement/hiring/firing within the corporate structure, most managers make short term decisions to achieve yearly goals to hit bonus plans. End result is employees are left working without support, equipment, capex expenditures to support future work. The company grows primarily through aquisition and focuses on new technology. Produces a repeated process for employees that come in with new technology push- rapid early advancement followed by lethargic growth and corporate interest after a couple of years as the new latest and greatest technology comes in. You have to keep changing with the wind within the company to continue to advance. The company is full of prominate experts in thier given fields that langquish behind a desk now with no upward mobility. Its a company of very low morale.

Viewing 1 - 3 of 222 Reviews

Glassdoor has 269 M-I SWACO reviews submitted anonymously by M-I SWACO employees. Read employee reviews and ratings on Glassdoor to decide if M-I SWACO is right for you.