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

Reviews by job title

1K reviews

Reviews about "Compensation"

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1.0
Apr 25, 2023

Stay away

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great for someone with no job history to experience the corporate world or a mother with kids that may need a flexible schedule.

Cons

Going through massive layoffs due to a product recall that killed over 150 people. Company currently is not profitable and has been bleeding money for years now as a result. New CEO took over October 2022 and only cares about shareholders. He started layoffs two weeks after he took over. Employees are doing the workload of what used to be 3 people. If a company is losing money…. There is no room for advancement, raises, bonuses, etc. A lot of amazing people lost their jobs.

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Philips Response
3y
Thank you for sharing your review with us here. It's clear that your Philips experience was not a positive one. We are here to listen and understand, as we want to offer our employees with a rewarding career experience. Your feedback will be used in our continuous efforts to improve, and our upper Management is also active on here, reading all reviews. Wishing you all the best with your future career endeavors.
5.0
Apr 25, 2023
Recommend
CEO approval
Business Outlook

Pros

Loved to travel and co-workers are amazing

Cons

One man offices, you end up doing all lot of jobs.

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Philips Response
3y
We're happy to hear that working for Philips in Miami has been a pleasure. Thank you for sharing your enthusiasm regarding your former co-workers and the compensation offered. We appreciate it a lot!
5.0
Apr 24, 2023
Recommend
CEO approval
Business Outlook

Pros

Nice work life balance Great diversity in work Creative environment

Cons

Pay and stock is low for industry

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Philips Response
3y
Hi there, we're happy to read that working for Philips in Stamford so far has been a great experience. Your honest thoughts on the compensation are appreciated and will be noted. Thank you for taking the time to write this review and thank you for supporting us in our mission!
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