SpaceX reviews

3.8

67% would recommend to a friend

(521 total reviews)
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Elon Musk

74% approve of CEO

80% positive business outlook

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521 reviews

Reviews about "Compensation"

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3.0
Oct 17, 2016

Pad

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It's good to work for a company with lofty goals. Great people. We all care about each other.

Cons

Not a good work/ home life balance. Long hours and low pay for this industry average.

5.0
Oct 17, 2016
Recommend
CEO approval
Business Outlook

Pros

- I used to think I was under-paid given how hard I work. Wrong!! I've been here 7 years, and the value of the stock that I own is greater than the cumulative salary I've earned over 7 years. So my effective compensation has been >2X that of other aerospace companies. - Accepting a lower salary for more stock compensation is a risky move, and not for everyone. It makes sense when you are young and don't have a mortgage. The company is still growing in value, and I have no immediate plans to sell my stock. I can probably retire in my 30s, if I choose to. - If you get hired into one of the development departments, you get a lot of responsibility very quickly. No one wants to give you something that you will fail at, because we are relying on you to actually finish that project on time, but it will be a hard learning curve, you will own it, and you will learn a lot. As for production engineers, some people love it and and some people only took that job so they could move into development work. - Most people are super smart and motivated. The other people don't last long. Turnover can be fast, but we like it because we don't want to work with slackers. The culture is amazing if you demand high standards from yourself and others.

Cons

- For your first few years, hours will be very long. Eventually you'll be efficient enough to work 8-9 hour days. But some people become addicted to the work, or get greatly promoted, and constantly work 12+ hour days. It's up to you really. If you want an awesome job but also want a life, carefully consider the promotions offered to you.

4.0
Oct 17, 2016

Rollarcoaster Ride

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

-the spirit and pride that the employees have is incomparable to anywhere else. -when the going gets rough and deadlines are looming, it is always amazing at the way different teams will pull together to get things accomplished. -to be able to be apart of something that is so great and awesome, is fantastic. we are making history and i'm excited to be a part of that, and actually feel like i'm personally making a difference. -100% paid insurance is fantastic. and its good coverage too. -there is also some amazing talent as well as diversity here. -

Cons

-pay could be better for the skill levels we are expected to have and the seemingly impossible goals we have. -ego. we have a lot of it. Of course that would be expected when you have a lot of confident, talented people working together. -work/home life could be more encouraged. we all tend to get caught up and excited about what we do. (not a bad thing), but sometimes we need someone to step back and make us take time for ourselves/families. -with high rewards comes high stress levels. This job is not for the faint of heart. if you get offended easily, don't take criticism well, or are not passionate about what you do. this is not for you.

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