LyondellBasell reviews

3.6

68% would recommend to a friend

(344 total reviews)
avatar

Peter Vanacker

61% approve of CEO

52% positive business outlook

Reviews by job title

344 reviews

Reviews about "Compensation"

Return to all reviews
1.0
Nov 28, 2012
Recommend
CEO approval
Business Outlook

Pros

Great compensation package with benefits

Cons

They create a atmosphere where you feel guilty for leaving on time. Does not prmotoe a work and family balance. If you dont have the "protection" of a good manager, you better watch your back, because the lack of trust, teamwork, and organization is rampant throught their management teams.

2.0
Oct 14, 2012

No Love at LBI

Recommend
CEO approval
Business Outlook

Pros

I have a job that supports my family and pays the bills. I have health insurance and a 401K plan.

Cons

All of the departments at headquarters are under staffed and over worked. You are given more work than you can possibly do. This leads to employees making mistakes and costing the company money and squashing moral. Everyone at headquarters only motivation is to make sure that every goal they have defined at the beginning of the year is met, regardless of what it takes to do so. That’s because their year-end bonus depends on how many of their goals were met. That means management is quick to point fingers when their goals are not met and the worker bees become their victims. The only people the company hires are college graduates with MBA’s. They pay them a minimum entry level salary based on the chemical industry average. For the most part, they stay for a year or two and then leave for greener pastures.

1.0
Sep 29, 2012
Recommend
CEO approval
Business Outlook

Pros

The pay is good if you are lucky enough to be soul-mates with your manager.

Cons

The moral is horrible and most of the exceptional talent has gone. In a recent "new hire training exercise" of over 70 new employees, the 99% predominant age was 24. What does that tell you? For all the rah rah of the Goal Zero Safety Program there is no way that this can be a safe place to work with such little talent left. Everyone is scared to death of the CEO (including his immediate VP underlings). On a site such as Glass Door you are always going to find a few cheerleaders that are either clear idiots that can't understand reality or are mandated by their management to get out there and dispel with all this bad PR. I have worked in this business for over 30 years and have never seen such a bunch of looser managers. The "pay for performance" program is a joke and only creates a back-stabbing atmosphere with your peers in order to stay alive. The floggings will continue until the moral improves......don't count on it anytime soon!!! This can't go on for long as the reliability of the sites continues to decline for the sake of increased stock dividends as well as stock options for upper management. Just like Rome, Lyondellbasell also will fall; hopefully not because of a serious safety event.

Viewing 337 - 339 of 344 Reviews

Glassdoor has 1,443 LyondellBasell reviews submitted anonymously by LyondellBasell employees. Read employee reviews and ratings on Glassdoor to decide if LyondellBasell is right for you.