LyondellBasell reviews

3.6

68% would recommend to a friend

(343 total reviews)
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Peter Vanacker

61% approve of CEO

52% positive business outlook

Reviews by job title

343 reviews

Reviews about "Compensation"

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4.0
Jul 15, 2013

Rewarding company to work for

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Fair salary and bonus opportunity for committed employees. Puts employee safety first in every consideration. Good career opportunities. Moving forward positively after a few years of reorganisation.

Cons

Personal touch being lost as in most multi-nationals. Claim to be global but still very much American in style and in decision making. Need to move faster to mold own identity and culture rather than living of legacy companies.

4.0
Jul 6, 2013
Recommend
CEO approval
Business Outlook

Pros

Great people to work with. Salary and benefits are decent. Opportunities are present if you're willing to move around the country. If you're a shareholder, you've done very well.

Cons

Used to pay higher in the range compared to our peers. Other companies seem to be poaching our people - salaries aren't that differential anymore.

2.0
Jul 6, 2013

Many Changes Through The Years

Recommend
CEO approval
Business Outlook

Pros

Good pay with adequate benefits. Health insurance used to be much cheaper. 401k match used to be much better. The company strives to be very safe even though I feel reliability is slipping and this could affect the future safety of the company.

Cons

Many things have changed as we "ALIGN" with corporate. ALL these corporate alignments have been negative. Reduced health benefits, greatly reduced pension (glad we still have one), and less match on the 401k. The company cant keep engineering staff more than 4 years due to a poor tech ladder compensation. Individuals are recognized and promoted for unknown reasons. When someone is rated less than favorable, there is very little constructive feedback. Under the rating system we have now, some have to be placed at the bottom of the pile. It is not performance based as they tell you, it is Bell Curve based. Rhetoric to Flip The Triangle is constantly preached, but it only applies to the hourly. Middle and upper management are only concerned with how you can make them look better, not how to help you succeed at your job. I would agree with an earlier poster that said you are looked down upon if you strive to leave at quitting time. I've been with the company a long time. I've always just been a number, but now I feel the company could care less whether you stay or go. There seems to be no stability or firm ground in the company.

Viewing 325 - 327 of 343 Reviews

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