Don't believe the hype - Senior Engineer GlobalFoundries Employee Review

1.0
Nov 12, 2021
Recommend
CEO approval
Business Outlook

Pros

The company took COVID serious, so the workplace was kept safe from onsite transmission. All the cases reported were due to offsite activities. But it's unfortunate that the company didn't learn from the pandemic and let more people work from home. The company was just listed with NASDAQ, so ESPP is in the future.

Cons

There are a lot of comments about how wonderful GF is, how great the benefits are, room for growth, blah blah blah. But here's the truth. Expectations are extremely low if you know how to play the game. But if you are a hard worker, your expectations are not only higher, but you are expected to cover for the slackers. The review process is a joke. Everyone gets the same rating. Unless of course, your nose is firmly wedged in a place it shouldn't. It's a quota system. So a certain number of people have to get bad reviews, whether they earned it or not, and only so many people can get a good review. So that goes to the chosen ones. So everyone else gets a 'participation trophy' review, regardless of your accomplishments. Compensation isn't there. For 2020, we were expected to have huge losses. But instead, it was pretty much the best year ever. The fab is running above capacity, and will stay there until at least 2023. So of course, you would assume great times, great rewards, right? WRONG. We were lucky to receive 100% of our annual bonus. Then the raises for the year averaged 1.5%. This obviously upset many people. And when questioned about how we could have such an amazing year, with no real compensation from the company, we were told that the reason we got such bad raises is because we have such great benefits. The benefits are good. Yes. But they are not better than everyone else. They are on par with companies like Intel and Samsung. And it's not like they got better this year. Or cheaper. In fact, I'm spending an extra $300 a month on my benefits over last year. Which is more than enough to wipe out my raise. So if you work here for an extended period of time, you will not actually see your pay go up. Between inflation and the cost of your benefits, you will actually make less money year over year. Which is why we are losing people by the truckload. And since there's a worldwide chip shortage, there's not a lot of people coming in to fill the vacant positions.

Explore other reviews about GlobalFoundries

5.0
Jun 10, 2026
Recommend
CEO approval
Business Outlook

Pros

Very supportive team and management to work with from the beginning. Many training classes need to be taken in moving forward to align with the company policies and technical procedures. Good benefits and competitive salary. Have a very positive plan for long term career and educational support tuition. The interview and hiring process are long but informative and responded promptly.

Cons

There are many training classes to take so it may put more stress on a new hire if you do not have a good plan.

4.0
Jun 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Everyone is willing to help and the training is actually good training

Cons

If I didn’t know someone that worked since I was going to overnights I didn’t really meet anyone on my team except my manager once. Also I wouldn’t know who to reach out like manger wise if I didn’t know someone who already worked here

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