Dow reviews

3.9

72% would recommend to a friend

(803 total reviews)
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Jim Fitterling

63% approve of CEO

40% positive business outlook

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803 reviews

Reviews about "Compensation"

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3.0
May 27, 2017

Decent company with extreme vision

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Good benefits. Salaries are on par with other basic chemical companies, (but lags with regards to petro-chem). Incredible amount of freedom, ownership, and empowerment. Very pro LGBT. Positive diversity in most places. Safety and environment are a priority. Managers are free to take care of their people (and do). Lots of opportunities. Company believes in multiple roles during career and would rather hire from within than outside. Overseas/expat roles are available.

Cons

New vision has cost many jobs. Outlook among employees is not very positive. Corporate HR is extremely untrustworthy; do not believe what is said orally, always get things in writing and then thoroughly explained...and then in writing again from another person (I cannot stress this enough. Been bad of late for a number of co-workers). New employees (especially engineers) are usually not mentored properly. Takes a dedicated hard driver to get past the first few years. Prepare to sacrifice outside the plant life doing so. Expat employees have been left to swing in the breeze. This fact alone has cost the company much respect in my eyes.

4.0
May 17, 2017
Recommend
CEO approval
Business Outlook

Pros

- Great work/life balance: generally can come and leave at very predictable hours. Only on rare occasions had to work longer than 10 hours a day. - Very good HR policy: no cap on sick days, flexible work hours (some people start their day at 5 to beat the traffic, others start at 9), good number of personal vacation days that grow to 18 on the 4th or 5th year. - Good year end bonus and stock purchase plan. - Decent health insurance and 401k matching at 4% (if you put in 6%). - Good pay compared to the rest of the industry. - Good job security: usually people only lose jobs if they happen to be from the company Dow acquires, but for Dow employees it's quite unlikely to get fired. All the people who retired early got offered excellent packages.

Cons

- Very slow pace: good for people ready for retirement, or with lots of kids or family commitments but not good if you want to make things happen. - Bureaucracy: as found in all big corporations. - Slow career advancement: Take 3-5 years to be promoted to the next level, and there are just so many levels. If you are unlucky, you can be trapped in a middle levels for a loooooooong time. - Slow pay progression: since pay is pegged to job level, slow promotion = slow pay increase. - Bonus scheme does not reward people who do well: outstanding performers (rated 4 or 5 on the 5-point scale) don't get much higher bonus than poor performers (rated 1 or 2).

5.0
May 8, 2017
Recommend
CEO approval
Business Outlook

Pros

Pay range is competitive, especially for fresh graduates Direction flows through from top management to individual contributors

Cons

Big demographic gap between those working for 2-3years compared to many who have worked 15 to 25 years, results in a lot of resistance to change

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