Danfoss reviews

3.7

68% would recommend to a friend

(223 total reviews)

Kim Fausing

81% approve of CEO

52% positive business outlook

Reviews by job title

223 reviews

Reviews about "Compensation"

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5.0
Dec 6, 2017
Recommend
CEO approval
Business Outlook

Pros

High Emotional Intelligence company culture, Strong focus on work/life balance, leadership/life development training opportunities are abundant and of excellent quality, culture of continuous improvement in all aspects (Safety, Quality, People development, Delivery, Efficiency, Efficacy, Cost, etc...). Global company where cultural competency is engrained in the cultural DNA. Diversity is not only valued, but encouraged/relied upon for achieving goals. Danfoss products touch nearly every facet of society from infrastructure, energy, and food production. Strong leadership and commitment to innovation and R&D investments. Tying not only what was accomplished throughout the year, but also HOW it was accomplished (behaviors) really helps to reinforce and support the company culture and focus on the right things (the customer, and people) so that the financial performance will always follow.

Cons

Retirement benefits are somewhat weak compared to other companies, with Danfoss contributing only 3% of salary and matching only $0.50 per $1.00 up to 6% employee contribution (3% matching). Personal perception that sometimes there is an overemphasis on financial performance and cost, to the detriment of Quality (view from only one division of the company - may be different in others). Generally not many deltas for me, and I have been with the company for 15+ years and have witnessed it

4.0
Nov 22, 2017

My Danfoss work life

Recommend
CEO approval
Business Outlook

Pros

Flexible in terms of personal planning of work life Trustworthy due to reliable processes on all levels and managers highly skilled professionally and inter personally Employer takes full responsibility when helping out performance issues (solving rootcause). Results (EBIT etc.) are increasing each year, helping to get a yearly bonus. Generally incitement program has been refined year by year and to me seems now like being quite transparent.

Cons

Large global organization leads to a risk of well-being disadvantages in terms of long distance to managers. Somewhat high ratio of employees leaving the company, possible due to a high level of organizational changes the past few years.

5.0
Oct 20, 2017

R&D Engineer

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good environment Excellent technical knowledge know-how Great overall support Good personal development

Cons

Big rigid company Low engineering salaries

Viewing 193 - 195 of 223 Reviews

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