Thread regarding National Oilwell Varco Inc. layoffs

Next Gens should get a better severance package

Thoughts ?

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| 2831 views | | 16 replies (last July 16, 2016) | Reply
Post ID: @OP+Inde0bk

16 replies (most recent on top)

I see a bunch of college dropouts and never-attended-college-in-my-life folks spewing trash on here. Go settle your issues with the certain next gen you're envious of and stop ranting on this site.

I was a next gen (former employee) at $53,000 starting salary at Eldridge. There's already a cap at $50,000 and any increment is due to previous work experience or graduate degree. The salary at NOV doesn't compare to what Chevron or Schlum pays in their graduate/leadership programs.

Tension between the shop floor hands and recent graduates/new hires is ridiculous and unhealthy. We're not competing for the same jobs. I have relevant degree you may not or don't even have one. Heck, even if you do, we're not in competition. Direct hires outside of the Next Gen program earn more. I left NOV when I learned enough and realized that I deserve better pay.

Until NOV lets go of "long-standing" employees who continuously fall into depression over next gens, "young blood" or that young new hire, the culture will remain mentally draining. It's tough dealing with low lives on a daily basis!!!

Recent graduates are hired to learn. We want to be innovative and at the same time, seek help from you almighty, know-it-all NOV 30-something yrs plus veteran. Be humble!!!

Channel your frustrations elsewhere!!

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Post ID: @2klp+Inde0bk

DAVID REID'S PUPPETS. He was responsible for putting them in the top positions and ousting many others who were good, hard working employees.

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Post ID: @2ezo+Inde0bk

Nex Gens need to realize alot of folks started from the bottom of the company worked and went to school , supported families and when the company wanted employees to work overtime we did it gladly. We were not born with silver spoons in our mouths and had the attitude that everything was owed to us. We were taught to work for what you wanted. Pete didn't help it telling Nex Gens they would be the leaders of NOV. Some of you will never be leaders let alone good employees. You have to work hard, wear many hats, be willing to pitch in and work and be very loyal. Be willing to put in long hours, not hours 9 am - 2 pm and jet set all over the world with your friends and spouses on NOV's money, those days are gone so Nex Gens put on your pants and learn to do physical work and be team players. Its not about me -me any longer. Grow-up.

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Post ID: @1krs+Inde0bk

I made 75,000 last year after tax after 401k n ins... My first year in oil field

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Post ID: @1uxj+Inde0bk

The next gen program was nothing but a big sham

they promised these people the world and didn;t come true

the next gens came it with attitudes that they were better than people with more years experience then their age

Extremely over paid i had three different ones while working with NOV and none lasted more than a year or two all of them thought that the world owed them everything

to me it was a waste of time, energy and money

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Post ID: @1arn+Inde0bk

You actually are going to put on here that they don't get paid well and then put their salary out there? The guys in the shop who are actually repairing all of the mistakes that engineering make often don't make that much. They also don't get a vehicle allowance, computer and company cell phone. When you are talking about Next Gens not making that much, you should consider your audience. I've often TRAINED next gens when I knew I wasn't making as much as them. Coming fresh out of college doesn't really buy you much these days. I've had plenty of college graduates who have been my waitress at a restaurant. At least those college graduates don't step into the workforce thinking the world owes them something.

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Post ID: @1eoa+Inde0bk

What most of you don't realize is Next Gens do not get paid well. This is the biggest misconception there ever was about the program. Most Next Gens start around 40-50K with a few select Next Gens (1 or 2 in every class) making more (60-70K). All Next Gens, regardless of performance get a blanket raise out of the program. Does not matter what group they move into, they get the same raise. They may hire an engineer at 55K. Engineer gets a 10% raise at the conclusion of the program to get to approximately 60K. This engineer goes to an important product engineering group with the same responsibility as any other engineer in the group. Except all the other engineers are making 85K to 120K. Engineering manager hires an engineer fresh out of college, who hasn't gone through Next Gen and pays them 85K. The company promises you wonderful things for hard work as a Next Gen , so you assume if you work hard they will increase your pay. So the engineer works as hard as he can and tries to prove his worth to the company. At review time, he goes to his manager and asks for a raise. His Manager says "Hey Johnny, I think you're great. Your contributions to the team are undeniable. But unfortunately I can only give you a 10% raise because that is the most I am allowed to give you without going to the segment president." So this next gen it's still making almost 20k less than someone who hired on to NOV fresh out of college without going through the program. At this point, most Next Gens no longer care about their jobs the way they did before and start coasting. 1 of three things happens: they quit and go somewhere else for a huge pay increase, they get laid off because they don't care, or they stay underpaid and move into high level leadership positions for peanuts. Most leave for more money. Dont blame the next gens for having high aspirations, blame the company for selling them a dream.

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Post ID: @1mdr+Inde0bk

The Next-gen program could have worked, if there were experienced senior engineers or managers dedicated to mentor them. In reality NOV just brought them in, without any serious growth road map and technical guidance for them, most floundered, but it was not their faults. Eager to learn and ambitious, they ended up emulating the ways of some of our managers, getting good at playing politics, instead of learning to become true engineers. Getting all self-important, while the everyone knows that they were marginally contributing, at best. (Look at the original question of this post-probably by a next-gen, and the strong reactions in other replies tell the whole story). What a waste!

In any situation, some were part of the solutions, others part of the problem. Some of the next-gens will no doubts go on to other companies, applying skills they have "learned" at NOV. If you are a hiring manager, can you spot the next gen?

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Post ID: @1pgb+Inde0bk

MP was in the first or second group.

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Post ID: @kmz+Inde0bk

Brandon G. Was a next gen, now there's a piece of work.

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Post ID: @cpo+Inde0bk

They got the best deal of all--6 months notice!

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Post ID: @dgn+Inde0bk

Was Mike Pridgeon one of the first next-gen?

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Post ID: @dmz+Inde0bk

Next gens always thought they were privileged. They are just overpaid puppets. What a waste of money for the company.

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Post ID: @efk+Inde0bk

F--- next gen. You got more than you deserved bitches!

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Post ID: @yls+Inde0bk

They are no better than anyone else. As a matter of fact, they are an unproven commodity.

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Post ID: @gnq+Inde0bk

Is that a joke ?

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Post ID: @xxr+Inde0bk

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