Parker Wellbore Salary

As of September 2026, the average annual salary for employees at Parker Wellbore in the United States is $112,948. This translates to an approximate hourly wage of $54. Salaries at Parker Wellbore typically range from $98,609 to $129,475 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Parker Wellbore Pay for Different Roles?

Explore detailed salary information for specific jobs at Parker Wellbore. Based on our data, the highest paying job is the Vice President, Human Resources, with an annual salary of $288,669. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Parker Wellbore’s Pay Competitive? Salary Benchmarking Analysis

How does Parker Wellbore's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Southern Methodist University $109,108
-3.4%
Southern Methodist University operates with a leaner overhead structure, impacting base wage offers.
Student Bonfire LLC $97,959
-13.3%
Student Bonfire LLC may offer non-monetary perks in lieu of competitive base salaries.
Birzeit University $121,692
+7.7%
Influenced by prevailing union wage agreements specific to Birzeit University's sector.
Indiana University Health University Hospital $107,474
-4.8%
Indiana University Health University Hospital likely leverages performance bonuses over the high base salary shown here.
Edu., Gov't. & Nonprofit Industry $115,341
+2.1%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Parker Wellbore

Considering a career at Parker Wellbore? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Employees benefit from professional development, wellness initiatives, and meaningful public service projects that drive pride and motivation daily. Career growth can take time, and there’s a preference for internal hiring. You see the direct results of your efforts in improved educational outcomes or more efficient government operations. This organization is ideal for those who want meaningful wo...
The consistent benefits and long-term retirement options are a huge plus, especially for someone planning to stay long term. The collaborative culture among staff is remarkable - teachers, administrators and support personnel work seamlessly together. The benefits are some of the best around, especially for families. The environment is collaborative, positive, and inclusive. The leadership is gene...
However, there’s little excitement in the day-to-day. The inclusive culture and team-oriented environment foster collaboration, while comprehensive benefits and recognition programs enhance employee satisfaction and loyalty. People care about each other here.

Parker Wellbore Overview

Website
www.parkerwellbore.com
Founded In
Data pending, update soon.
Employees
1,000 - 3,000 employees
Industry
Edu., Gov't. & Nonprofit
Headquarter Address
2103 Citywest Blvd Houston Texas TX 77042
Revenue
$500 Million - $1B
Phone Number
+1 2814062000
Social Media
About Parker Wellbore
Parker Drilling Company provides contract drilling and drilling-related services, and rental tools and services to the energy industry. It operates through two business lines, Drilling Services and Rental Tools Services. The Drilling Services business line drills oil, natural gas, and geothermal wells with company-owned rigs and customer-owned rigs; and operates barge rigs for drilling oil and nat

What Benefits Does Parker Wellbore Offer Beyond Salary?

A competitive compensation package is more than just a salary. Parker Wellbore offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Houston?

Understanding the cost of living near Houston is key to truly evaluating a salary offer or your current compensation at Parker Wellbore.
Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). Major city, energy/medical hub, housing generally affordable for size, but varies. METRO bus/rail. When planning your budget based on a salary from Parker Wellbore, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,200 - $1,800+ A significant portion of Parker Wellbore salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 (High AC use) Electricity, Heating, Cooling, Water etc.
Public Transportation $40 (METRO Q Card monthly) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $590 Can be higher with more dining out or specialty stores.
Personal & Leisure $400 - $750+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $380 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,570 - $4,090+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Parker Wellbore

1. How much does a Parker Wellbore employee make?

Parker Wellbore pays its employees an average of $112,948 per year. The average salary at Parker Wellbore range from $98,609 to $129,475 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Parker Wellbore?

The salary at Parker Wellbore is higher than the similar company. The average annual salary at Parker Wellbore is $112,948, or an hourly wage of $54, in comparison to Southern Methodist University which pays $109,108 per year or $52 per hour.

3. How much does a Vice President, Human Resources typically earn at Parker Wellbore?

A Vice President, Human Resources at Parker Wellbore typically earns an average annual base salary of around $288,669, with a general range of $248,455 to $336,697.

4. Do employees with advanced degrees (Master's, PhD) earn more at Parker Wellbore?

In many roles at Parker Wellbore, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Houston affect the perceived value of a Parker Wellbore salary?

Houston's Cost of Living Index is approximately 98.5 (1.5% less expensive than US average; 5.9% more than TX average). This significantly impacts the purchasing power of a salary from Parker Wellbore based there. Our "Cost of Living Insights for Houston" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Parker Wellbore typically offer employees?

Parker Wellbore generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Parker Wellbore" section on this page.