Good environment and development opportunities, but low pay - Credit Analyst Danfoss Employee Review

3.0
May 5, 2026
Recommend
CEO approval
Business Outlook

Pros

good working environment chance to develop if you are junior good and cheap canteen for all employees

Cons

low salaries after a while, not so much progress hard to reach to location

Explore other reviews about Danfoss

5.0
Jul 12, 2026
Recommend
CEO approval
Business Outlook

Pros

Great work life balance and benefits

Cons

Large company, things move slowly

4.0
Jul 13, 2026
Recommend
CEO approval
Business Outlook

Pros

Good work-life balance, decent PTO and benefits, friendly coworkers

Cons

Slow moving in central IT function, many decisions are made by committee, which slows the process way down. Compensation is below average. I have received promotions every 1-2 years for the last 5 years, but advancement in compensation has been very poor. At best it took 10 months to receive a 10% raise commensurate with my promotion. On the worse end, I received almost no salary increase despite my manager, their manager and their manager (our department head) approving the proposed raise.

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