BASF reviews

3.8

72% would recommend to a friend

(942 total reviews)
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Michael Heinz

77% approve of CEO

37% positive business outlook

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942 reviews

Reviews about "Compensation"

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3.0
Aug 17, 2020

Manufacturing

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Pay and benefits are decent. Swing shift if you don't mind that schedule.

Cons

High turnover. Large disconnect between management and production workers. Poor communication.

3.0
Aug 12, 2020

Lots of Pros, Lots of Cons

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great benefits - 4 weeks paid vacation 10% to 401K - paid by company Comprehensive health insurance options Paid maternity and paternity leave Sophisticated Work

Cons

Strata system - A promotion is not a true promotion. Most of the time it is just a better title with no additional compensation. Long Term Incentives - Only available to a few people. Positions that are Director-level at similar companies are only Manager-level at BASF and ineligible for long term incentives. Can result in substantial pay differences between BASF and non-BASF positions. Limited promotion opportunities. Poor bonuses Middle of the pack financial performance when compared to other large chemical companies. Raises are generally lower than those at other companies. Typically 2 to 2.5% a year as compared to 3% to 4% a year at other large companies. "Diversity" is just another way of saying we hire and promote white women. Limited focus on racial ethnic diversity in managerial positions.

4.0
Aug 10, 2020

Fair Compensation, can be stifling

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Fair compensation in the industry, engaged leadership, innovative projects

Cons

Bureaucracy can stifle creativity, company does not encourage decision-making at all levels of work

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BASF Response
5y
We agree, sometimes it is rather difficult to move things along, thanks to feedback like yours we are able to identify areas of improvement to enhance our employee experience. We are happy to say there is an internal project that is addressing this topic, by developing new processes we hope to empower our teams to be more entrepreneurial as a whole. Thank you for taking the time to drop a quick note to us!
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