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NOV overview

Industry
Oil & Energy
Revenue
Headquarters
Employees
27,043
Founded In
Website
Organization Type
Public
Social Media
National Oilwell Varco (NYSE: NOV) is the leading provider for the global oil and gas industry and has been dedicated to providing the highest quality oilfield products and services for more than 170 years. National Oilwell Varco is proud to deliver unlimited customer solutions including rig equipment, integrated systems, downhole tools, and supply chain solutions. By consistently developing new technologies and acquiring new services and technologies that better serve our customer's needs, National Oilwell Varco will continue to be the premier source for diversified products and services.
The staff at NOV come from unusually diverse demographic backgrounds. The company is 20.8% female and 51.0% ethnic minorities. Despite its diversity in other areas, NOV employees are noticeably lacking in political diversity. It has an unusually high proportion of employees who are members of the Republican Party, at 66.0%. Employees seem to enjoy working in an otherwise diverse workplace that is dominated by members of the Republican Party. NOV has great employee retention with staff members usually staying with the company for 4.9 years.The average employee at NOV makes $53,223 per year. Pay at NOV is significantly lower than some of its highest paying competitors, like Halliburton, Baker Hughes, and Schlumberger, which pay $69,686, $69,200, and $66,623, respectively.
NOV is an industry leader with 27,043 employees and an annual revenue of $7.0B that is headquartered in Houston, TX.

NOV's Mission Statement

We are driven to power the industry that powers the world better.

2.7/5

NOV employee reviews

Based on 3 ratings

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Job openings at NOV
329 Positions

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NOV employee reviews

NOV employee reviews
2.7/5

Based On 3 Ratings

Work At NOV? Share your experience.
Employee Reviews
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2.0
A zippia user wrote a review on May 2024
Cons of working at NOV

I do not recommend any of the robotics positions at NOV. The robotics team at NOV is currently in disarray. Management and project managers set unrealistic deadlines, and communication is severely lacking—not just within the robotics group, but across the organization. Information is seldom shared or directed to the appropriate individuals, leading to hasty, poorly thought-out decisions that undermine morale. Team Dynamics: There is a notable absence of effective leadership or management within the team. While there are talented individuals on the NOV robotics team, some members are resistant to change, creating internal conflict and a hostile work environment. The turnover rate is exceptionally high. Short Notice Deployments: Employees are often asked to deploy on very short notice, sometimes on the same day or with only 1-2 days' notice. These deployments can involve over 12 hours of travel time, which is not compensated if it occurs over the weekend, despite frequent requests for weekend travel. Deployments can last from weeks to months. Deployment Conditions: Deployments typically involve mandatory 12+ hour shifts, seven days a week, whether on land rigs or sea vessels. For salaried engineering positions, NOV expects an additional 44 hours of work per week, justified by an unspoken "rig bonus" of $150 on weekdays and $250 on weekends. This bonus essentially compensates employees much less than an hourly rate would. Furthermore, there is no plan to increase this bonus in the future, and overtime is not offered to salaried employees. Salary Issues: Do not accept the standard $85,000 salary offered to all new hires, regardless of experience. It is important to negotiate for a salary that reflects your worth, as raises are nearly impossible to secure. Employees in the robotics group are underpaid compared to industry standards. Management is aware of this issue and has acknowledged it to the team, yet no actions have been taken. Additionally, the company exploits employees who require visas or sponsorships by offering them lower salaries. Robotics Systems: The robotics team utilizes the Robot Operating System (ROS), which is experimental and was initially developed as an educational tool. The team refuses to use the built-in functions of the robot controllers, resulting in none of the deployed systems being 100% operational or stable. The system developed by NOV is still in its early stages and requires 2-5 years of significant redevelopment to be successf

Pros of working at NOV

Hybrid schedule, free coffee

NOV Benefits

Free Coffee

What do you like best about NOV's CEO and the leadership team?

What leadership?

How would you improve NOV's culture?

Providing better working conditions, salary, and incentives

How did you prepare for the NOV interview?

Wear a suit and tie, do your best to answer interview questions

How does your compensation at NOV compare to the industry average?

$85000 is universal starting salary, which is way below industry standard

What's the diversity at NOV like?

I feel that is a lot of diversity in working at NOV because they have offices around the globe, however they take advantage of people

What brings you the most joy at NOV?

I honestly don't feel fulfilled, but rather overwhelmed and ultimately shocked at how low morale is

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profile
1.0
A zippia user wrote a review on Jan 2024
Pros of working at NOV

none

Cons of working at NOV

horrible hours, horrible pay, horrible managemant, and horrible workplace

NOV Benefits

leaving to go home

What do you like best about NOV's CEO and the leadership team?

nothing

Is this useful?
Work at NOV? Share your experience

The team at NOV

  • The key people at NOV is Clay C. Williams.
Key People
Clay C. Williams

NOV Rankings

NOV is ranked #82 on the Best Energy Companies to Work For in Texas list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

NOV salaries

Average NOV Salary
$53,223
yearly
$25.59 hourly
Updated March 14, 2024

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NOV diversity

9.7
Diversity Score
We calculated NOV’s diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of NOV’s workforce.
NOV diversity summary. Zippia estimates NOV's demographics and statistics using a database of 30 million profiles. Zippia verifies estimates with BLS, Census, and current job openings data for accuracy. We calculated NOV's diversity score by measuring multiple factors, including the ethnic background, gender identity, and language skills of NOV's workforce.
  • NOV has 27,043 employees.
  • 21% of NOV employees are women, while 79% are men.
  • The most common ethnicity at NOV is White (49%).
  • 27% of NOV employees are Hispanic or Latino.
  • 12% of NOV employees are Black or African American.
  • The average employee at NOV makes $53,223 per year.
  • NOV employees are most likely to be members of the republican party.
  • Employees at NOV stay with the company for 4.9 years on average.

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NOV Office Locations

NOV is headquartered in Houston, TX

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NOV Financial Performance

9.8
Performance Score

We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

NOV currently has 7.2B in revenue. NOV's most recent quarter produced 2.2b (q3'2023).

NOV annual revenue

$21B
$17B
$13B
$9B
$4B
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Zippia gives an in-depth look into the details of NOV, including salaries, political affiliations, employee data, and more, in order to inform job seekers about NOV. The employee data is based on information from people who have self-reported their past or current employments at NOV. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by NOV. The data presented on this page does not represent the view of NOV and its employees or that of Zippia.

NOV may also be known as or be related to NOV, NOV Inc., National Oilwell Varco, National Oilwell Varco LP and National Oilwell Varco, Inc.