Philips reviews

3.8

72% would recommend to a friend

(1,363 total reviews)
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Roy Jakobs

74% approve of CEO

54% positive business outlook

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1K reviews

Reviews about "Compensation"

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4.0
Mar 25, 2022
Recommend
CEO approval
Business Outlook

Pros

The salary is not great based on other opportunities in the market, but the 401K match is among the best I've seen, and there is no pension anymore. The bonus can be awesome, but it is typically a good bit less than the "target bonus" structure.

Cons

A Dutch-based company with a clear favoritism toward Dutch employees. The innovation/creative design work has become far more limited than in prior years, with a clear desire & plan to move toward more ODM and contract engineering for their components. The work has therefore become much more paper-pushing and dealing with rigid processes that can get in the way of progress. The stakeholders are varied, and many times do not agree - this results in many instances of stopping design efforts mid-stream and pausing them for months and even years. Progress on innovative products have become rather slow, and often hit the markets years after competitors.

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Philips Response
4y
Hi there, thank you for sharing this level of detail – it is helpful to hear and understand your situation. We're happy to hear you've had an overall positive experience working with Philips, despite some drawbacks. We’re interested in providing our people with a rewarding career experience, so feel free to bring this up to your manager or HR representative. We're also active on this platform, so your feedback will be taken into consideration for improving our future ways of working. Thanks for supporting our mission to improve people’s lives. Wishing you all the best.
5.0
Mar 24, 2022
Recommend
CEO approval
Business Outlook

Pros

Great culture and continuous education and growth opportunities

Cons

Usually pay on the lower end of an average

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Philips Response
4y
Hi there, thanks for your comment here. We're happy to hear you've had a positive experience working with Philips. We’re interested in providing our people with a rewarding career experience, so feel free to ask your HR representative or manager about compensation. Philips Management Team is also active on this platform, so your feedback will be taken into consideration for improving our future ways of working. Thanks for supporting our mission to improve people’s lives. We wish you all the best.
4.0
Mar 23, 2022

Philips

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

good salary and near my home

Cons

long work time and very tired

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Philips Response
4y
Hi there, thanks for taking the time to write us a review here. We're pleased to hear you've had a positive experience working with Philips, especially when it comes to the compensation. However, it's unfortunate there were some drawbacks to this position too. We completely understand that our people have a life outside work too, so we advise you to schedule a meeting with your HR representative or manager in order to discuss some points of improvement. We're also active on this platform, so your feedback will be taken into consideration for improving our ways of working. Thanks for supporting our mission to improve people’s lives. We wish you all the best.
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