Repsol reviews about "manager"

78% positive business outlook

Reviews by job title

54 reviews
1.0
Mar 25, 2022

Still living in a Spanish bubble...

Recommend
CEO approval
Business Outlook

Pros

- People are generally well-mannered, on the surface at least. - Some people are genuinely hard-workers. - Minimal micromanagement, they trust you to get your work done.

Cons

- At least in Trading, upper management from top down has NO CLUE what goes on below. This results in a lot of POOR business decisions, or decisions made solely to satisfy their doubts, EVEN IF IT MEANS TAKING A BIG LOSS. - Managers are working only to be in the good books of their BDs and EDs, in hope that some day, they will get the chance to be at their level. Everyone else are pawns to their personal goals, especially true for the sister offices in Houston and Singapore. - Managers who have ZERO KNOWLEDGE about a particular book or business line get parachuted into a position and start to impose their own way of working, think very highly of themselves as they are now in an 'authoritative' place, rather than trusting the existing team and learning the ropes humbly. - A very inward looking company. Everything is about Spain, Spain, Spain. Satellite offices in other parts of the world are there for show and there is no real trust, attentiveness or appreciation for colleagues in the other offices. - Rigid and inflexible, because nobody wants to think out of the box, or make a change when the same operating model has been working for the past 20 years. RVTs are skewed towards a HQ bias, promotions and bonus percentages are strictly in accordance with a fixed ranking system of experience rather than actual contribution of the employee, which is why people eventually leave. - Compensation is far below the market especially in other geographical locations.

5.0
Oct 18, 2022

Great Place to Work

Recommend
CEO approval
Business Outlook

Pros

Good Salaries, Pensions plans, good managers

Cons

I do not see a oportunity to develop a career there.

2.0
Oct 30, 2022

Not great

Recommend
CEO approval
Business Outlook

Pros

Good benefits, work life balance

Cons

Poor pay for tenured employees. No opportunity for growth. If a manager position opens it’s usually an expat that takes it, which isn’t surprising as a foreign based company. Company keeps selling off assets to meet their net zero goals which leaves an uncertain job security. High turnover rates across all teams due to very low morale. Poor leadership that makes bad decisions and doesn’t listen to suggestions. Treated like you don’t know what you are talking about. High level of micromanagement that delays results for ongoing operations. Constant process “improvements” that don’t replace old tools and just add layers to an already tedious process. High turnover rates across all teams due to very low morale

5.0
Jun 7, 2023

Great Place to work

Recommend
CEO approval
Business Outlook

Pros

Flexible, team-oriented and great location.

Cons

Satilite office, therefore not much oversight with Managers

2.0
May 22, 2022

Business In Decline

Recommend
CEO approval
Business Outlook

Pros

- Flexible hours - Decent salary (for peruvian standards) - Amazing peers

Cons

- Little to no growing opportunities - No innovation capacity for local business unit. Everything is dictated by Madrid's Headquarters. - Leadership is moved around, with little regard for their actual experience in the roll. - Poor meritocracy: May be one of the few companies in the world where an HR manager is promoted after a Union is formed under his watch. - Salary is not updated at all compared to inflation. 0-3% increment over the last 4 years. Compared to national inflation of 5-9%. - If you are on Corporate Services (Legal, HR, IT, etc), forget about seeing the absurdly large bonus that the Upstream Business gets.

4.0
Mar 14, 2022

Good company but...

Recommend
CEO approval
Business Outlook

Pros

Good organizational structure with healthy involvement in people

Cons

Weird organizational restructure every 2 years. There is a lot of uncertainty with your position due to leadership changes and managers who are not experienced in there role. Disappointment in communication in updating employees

1.0
Mar 23, 2022

Disappointing experience

Recommend
CEO approval
Business Outlook

Pros

-You get a paycheck -9-80 schedule

Cons

1) Cheapo company. Employees are severely underpaid. April 2020 raises based on 2019 performance were frozen due to covid. April 2021 raises for 2020 performance frozen due to covid again (by then oil had recovered). Finally, April 2022 with $120 oil, you would expect the company would make up for over 2 years of no raises. But nope, 2-3% raises only. Despite the inflation, despite no raises for 2020 and 2021, and despite the $120 oil… Mass exodus in Houston office. People can’t keep working for the same wage as April 2019. 2) Favoritism/ preferential treatment: unless you are 1) Former Talisman employee or 2) Contractor or 3) manager, you will never be treated properly, paid properly, or promoted. Contractors are given more opportunities, proper pay with overtime rates, and are allowed to make decisions as opposed to the employee engineers (we are the assistants for the contractors). Unfortunately management enables such an environment. 3) overly complicated processes that don’t allow for flexibility or change in the processes. 4) external hires get competitive pay packages, meanwhile employees that have been at Repsol for years continue to struggle with low pay.

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