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Lincoln Electric

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Lincoln Electric reviews

3.7

82% would recommend to a friend

(518 total reviews)
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Christopher L. Mapes

93% approve of CEO

67% positive business outlook

Lincoln Electric has an employee rating of 3.7 out of 5 stars, based on 518 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Lincoln Electric employee rating is in line with the average (within 1 standard deviation) for employers within the Manufacturing industry (3.5 stars).

Reviews by job title

518 reviews
2.0
Jan 16, 2018

Mechanical Engineer

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

I miss all of the people I worked with. We are still great friends

Cons

Bonus system is BS. Completely subjective and needs to go away. I went from the top 5% to the bottom 30% year to year. it wasn't because my performance changed. It was because i was placed in a group with "more experienced engineers" who i was rated against WITHOUT a raise and my salary dropped 10,000 because of it. They rewarded my hard work and dedication by "advancing" me into a position that would inevitably pay me much less.

4.0
May 5, 2017

Great place to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The people hands down are some of the best you will ever work with in your career. Senior management is doing their best to re-connect with the workforce which is very positive for the future. The wage increase this year will help bring back morale.

Cons

Benefits are very high and there is a lack of acknowledgment that this is an issue. If this does not change we will continue to see high employee turnover.

2.0
Apr 12, 2017

Mediocre at best!

Recommend
CEO approval
Business Outlook

Pros

The company does provide the opportunity to earn a livable wage for the most part, but the rate of pay is very inconsistent. This makes it extremely difficult for an employee to budget for their household expenses. I have personally experienced a reduction of pay of over $40,000 in one year due to a slow economy, lack of hours, and a poor bonus payout. The year this occurred I actually qualified for government assistance because my earnings were so low. But it can be argued that I was not laid off during these cyclical downturns in the economy. Looking back, I would have rather accepted a layoff from the company than hold on to the false hope that things would get better. If I would have been laid off, it would have forced me to pursue a job/career in a more stable field when I was younger.

Cons

The biggest "con" I experienced working at LE was the pay structure for the hourly/production workers. Whenever there was a downturn in the economy, the company would quickly react by reducing hours and even freezing the 401k match benefit. It always felt like the "rug was being pulled out from under you". And to add insult to injury, hourly/production workers would have their pay reduced by 20% (working only 4 of 5 days a week) while salaried employees would experience a smaller reduction if any at all. Also, the company didn't provide any sick pay or paid holidays. The year end bonus was supposed to help provide compensation for the lack of sick/holiday pay for its employees, but the problem with this is that the health insurance deduction from the bonus greatly reduced the net take home bonus pay (some employees brought home $0.00 after insurance costs were deducted). There are more cons to working here but my time is limited. I will say that I have read the other reviews submitted and that I can definitely corroborate that they are for the most part factual and truthfully depict the negative aspects of working here.

Viewing 13 - 15 of 518 Reviews

Glassdoor has 707 Lincoln Electric reviews submitted anonymously by Lincoln Electric employees. Read employee reviews and ratings on Glassdoor to decide if Lincoln Electric is right for you.