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Schlumberger Ltd.: Salary & Compensation Surveys

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Job Title: Technical Consultant
Location: Houston, TX
Submitted on: 05-Sep-04
Job Title Salary Survey
Technical Consultant The job offer is non-negotiable in terms of compensation. In fact, the pay structure is defined all the way through GFE level. The only variance in compensation between employees in a particular business segment is in bonus. Pay is very good in comparison with starting salaries for other entry-level engineering positions. When you consider bonus, it is possible to earn nearly double what some of your friends are making after a year or two. All of the basic benefits are included in the compensation package: insurance, 401k with matching contributions, profit sharing, pension, and discount stock purchase plan. The benefits as a whole are merely adequate, and are only structured to be particularly rewarding to those who spend many years with the company. This is one of the few companies that I seen where it is possible to be promoted and make less money. This was the case for me as I made 75k (with bonus) in my first full year as a Field Engineer, and received a base pay "raise" to 50k as a Technical Consultant. This ended up being a 33% pay cut for me because I was no longer making bonus.

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