Philips reviews

3.8

72% would recommend to a friend

(1,364 total reviews)
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Roy Jakobs

74% approve of CEO

55% positive business outlook

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1K reviews

Reviews about "Compensation"

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5.0
Aug 22, 2023

Great company

Recommend
CEO approval
Business Outlook

Pros

The people, compensation, and benefits are great. Very professional organization

Cons

Large company can be slower in implementing solutions

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Philips Response
2y
Thank you for sharing your review with us. It's good to hear that your experience at Philips was positive overall, and that the people and benefits added towards that. We wish you all the best with your future career endeavors!
5.0
Aug 18, 2023
Recommend
CEO approval
Business Outlook

Pros

1. Diversity among individual contributors. 2. High employee engagement. 3. Hybrid work environment. 4. Genuine customer-centric culture. 5. Flexible hours. 6. Global presence. 7. Abundance of perks beyond pay and bonuses. 8. Clear communication of company strategy.

Cons

1. Lack of diversity within the leadership team. 2. Previous lay-offs (though it appears to have concluded). 3. Sluggish hiring process.

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Philips Response
2y
Hi, thank you for sharing your review with us. It's great to hear that your overall Philips experience has been positive so far. As for your points of improvement, they're important to us, as they help us move towards the right direction, and create a rewarding working environment. Our upper Management is also active on here, reading all reviews. Wishing you the best with your career.
1.0
Aug 17, 2023

Sinking Ship

Recommend
CEO approval
Business Outlook

Pros

-Above Average Vacation previously (now officially unlimited as of 2023, tbd how that will pan out) -Above average paid holidays (Juneteenth, MLK, Veterans day +normal ones) -Above Average 401K match (7%) -Bonuses were historically good at 10%... in the worst year it was as low as 3% -Director level leadership is mostly good, but this depends on your department and business unit. -Discounts on sonicare and norelco. -Sounds like when you get laid off the severance is decent. -Random little perks for well being like rewards for healthy activities -High focus on quality within the areas near manufacturing.

Cons

-Work life Balance can be good. Depends if your team is fully staffed, and whether you are working with other teams overseas. We've seen a lot of people leave lately because their days started at 6am having phone calls with India in the morning and then staying up late to continue the same conversations. Also seen a lot of people leave because positions weren't being backfilled on purpose then making everyone else overworked. -Pay is below average for the seattle area. -Leadership above the directors at the global level is a bit of a revolving door, with constant changing directions and illogical decisions. -KPIs are a bit of a joke, if something goes Red we just move the bar or pick a different metric that is more favorable without actually addressing a root cause or making a real improvement. -Several rounds of layoffs in 2022-2023, most were just to move jobs overseas, which is probably a trend that will continue. -After a few quarters of very bad employee feedback , they just stopped asking for employee feedback via surveys. -With more jobs moving overseas there are fewer opportunities for career growth. -Bonuses will likely continue to suffer with all the CPAP recalls/litigation going on. All business units are being impacted by this.

Viewing 319 - 321 of 1,364 Reviews

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