Molex reviews

3.5

63% would recommend to a friend

(1,340 total reviews)
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Joe Nelligan

79% approve of CEO

60% positive business outlook

Molex has an employee rating of 3.5 out of 5 stars, based on 1,340 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Molex employee rating is in line with the average (within 1 standard deviation) for employers within the Information Technology industry (3.9 stars).

Reviews by job title

1K reviews
4.0
Aug 31, 2010

Direction

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Seems to be a company that is financially well managed and generally people are handled fairly.

Cons

Not sure they are clear about long range goals with products and customers. I think they might be trying to sell some items which their current business model is not suited.

2.0
May 5, 2010
Recommend
CEO approval
Business Outlook

Pros

Well recognized global and financially strong company. Strong communication about stability and outlook for the company, Relocation and/or sign on bonus for more experianced employees.

Cons

Sub-standard benefits package (0.25% match up to 4% of salary= 1% total match)- this is one of the lowest in the industry, might as well be 0%. They say this is because of the 'lucritive' profit sharing program... which has been eliminated, and wasn't very much to begin with. OK Medical and dental insurance, but no vision insurance available. Vacation package is a joke - 10 days/year after 2 years (15 days for your first 2 years TOTAL) Vacation package is NON-NEGOTIABLE upon start, regardless of your work experiance. No personal days- period. Comp time? Forget it. The 6 month and annual performance reviews take hours to fill out, only to never hear anything back from management on how you did. However, if you had any errors or performance issues, it only comes up during the review time- like a slap in the face. They require you to hold your employee stock purchases for 6 months before you can do anything with them. Everyone here seems to be mad at the world or something, I can't tell you how many times people pass you in a hallway and just grunt or stare blankly as you pass them. This list seems to get bigger and bigger as the years pass, it just seems like every time I turn around an employee "perk" is thrown out the window. (annual holiday turkey for your family, summer time icecream social, reimbursement for home internet, annual profit share, tuition reimbursement, milestone anniversary bonus- 5 year incriments, etc) Now I know there has recently been a recession and a lot of companies cut programs and incentives.. but most of these cuts were made PRIOR to the first sign of a recession (early 2008). This is just my opinion- these things may not be of importance for you.

2.0
Jan 29, 2010

Wake up or lose more business

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Well established global manufacturer with success in the connector market. Acquisitions in similar products and markets have benefitted them. Now suffering from large-companyitus with no clear long term direction except to make sure the quarterly report looks good to the shareholders. Like all large cos, good benefits but the performing employee is lost in the mayhem.

Cons

Recently (last 2 years) made their largest acquisition yet, trying to reach out to the electrical distribution marketplace. Arrogance and shortsightedness has not allowed them to implement the correct strategy, and competion now eating their lunch.

Viewing 1336 - 1338 of 1,340 Reviews

Glassdoor has 1,673 Molex reviews submitted anonymously by Molex employees. Read employee reviews and ratings on Glassdoor to decide if Molex is right for you.