ION Geophysical reviews about "salary"

- I was not be able to fulfill my career goals at this company. - The company was not applying the same policies in all branches. - Industry Downturn has hurt everyone.

-No career plan. -Excessive extra hours demanded duo to lack of basic organization during projects -Joint ventures doesn´t fill part of the major company

Company seems rudderless, little confidence in upper management

nepotims rears its ugly head in a couple places. The recession has hit pretty hard and major cost cutting going on at the moment. CEO is stuck on Ocean Bottom Cable as the pathway to the future, but the business has not taken off as forcast.

Way to top heavy, no vision, R&D is gone. Serious doubts they will weather the downturn with no multi-client and old technology in which only development is stability aka bug fixes. Benefits were atrocious actually causing a reduction in compensation.

Everything has developed from one location - Houston and that hasn't given the company enough flexibility to expand appropriately. Their technology has been 'good enough' for too long and their peers have passed them by. The tools are there to produce a half decent velocity model and Kichhoff migrate it but beyond that you're kidding yourself. The decision to move from equipment and software to services and technology didn't happen quick enough to match the advances in the other contractors. The company is now left with no equipment or software business to speak of and no real grasp on the seismic services business in a downward spiralling market. The clients that are out there spending are looking for quick turnarounds with cutting edge technologies and ION can't deliver. The rates have gone south and therefore >15000sqkm projects are common. When I was at ION they thought a 1200sqkm project was big! They have no capacity to process such large surveys The lack of boats really hurts. BGP are in the same low end space and can gobble up what ION aren't willing to cut prices on.

salary, lack of benefits, poor management, bad product understanding, lack of work methodology, lack of synchronization with the team, old technologies

Salaries/bonuses above what company/market can support as well as conflict of interest for those who sanction projects. Never seen a company with such extreme levels of nepotism.

All talk and no action. Nepotism out the wazoo. Every other person you see is a Vice President