SpaceX reviews

3.8

67% would recommend to a friend

(520 total reviews)
avatar

Elon Musk

75% approve of CEO

81% positive business outlook

Reviews by job title

520 reviews

Reviews about "Compensation"

Return to all reviews
5.0
Mar 7, 2014
Recommend
CEO approval
Business Outlook

Pros

Fast pace, get it done attitude, work is never the same for too long which keeps things interesting. Decent amount of time off and flexible hours. Short management chain means VPs are not far removed from day to day issues. Cafeteria is subsidized. Healthcare benefits are very good.

Cons

The hours can get to be very long, but the work comes and goes. Most weeks are about 50-60 hrs. I think the compensation could be better.

2.0
Oct 19, 2013

Not what you think

Recommend
CEO approval
Business Outlook

Pros

New factory, very modern and upscale. Fancy meeting rooms. Free lunch once a month.

Cons

SpaceX only wants to squeeze the most work out of you until you burn out, like a paper towel you use and then throw in the trash. Very little career mentoring and developing. Many people say the management is awful, and trust me, IT IS. You work yourself to death because you believe in the goals of the company, but management only cares to pin point and emphasize what you have done less than perfect. It is very difficult to stay motivated in an environment that does not reward good work and shames you into working harder regularly. People from the outside see the great things that SpaceX is accomplishing but on the inside it is very different. Great, outstanding engineers and experienced technicians leave every week. I have received too many "Farewell..." emails, it is beyond sad. The recruiting team in HR does a great job of hiring top talent but there are no good managers to keep them with the company. Thing is that everyone is threading water to stay afloat and if you lend a hand to train or help someone else, you will sink. Very few managers actually have any interpersonal skills. The management style of this company is unsustainable, they burn through engineers like an Olympic runner burns thru shoes. The company gets away with paying substandard salaries because of the cool company image and the stock options. But the thing is that it is not a small company anymore, it is a fairly big company now and the stock options do not make up for not having 401K matching and low pay. No tuition assistance either to get your masters. If you joined the company 3+ years ago, sure the stock options will pay for you. But joining now you will not make money with the stock options. Do not recommend at all, to anyone, single or married, with children or no children. This company will suck the life out of you and leave you demoralized and an empty shell of your former self.

1.0
May 4, 2013
Recommend
CEO approval
Business Outlook

Pros

The building is well kept and clean. Free lunch once a month.

Cons

Poor hiring practice/high rate of turn over. The Company hires people based on lowest bidder, this causes tremendous amounts of problems for experienced people having to work long hours due to having to pull the weight of less experienced people.I know this happens everywhere but not in the extent that is present at SpaceX. Poor Management, Managers do not know what is going on the floor. To compound the problem of hiring/promoting unqualified persons to management. The high rate of turn over in all managerial position means SOP are always changing and there is no set way of doing things. As you can imagine this creates a big problems for people on the floor trying to achieve "production" like manufacturing. On the floor as a technician, the company will change your working hours very frequently. One month it could mean you are working 8 hours a day 5 days a week. Then the next month you could be working 80 hour weeks. The hours make it very hard to balance work and personal life. Lack of equipment, self explanatory. Substantially below market in wages. On average you can expect to start 30% or lower below industry wages. The company's reasoning is you work more overtime and have stock shares to compensate the difference in wages. Every year they talk about going public the following year but never do, also the overtime is very sporadic. There are a lot more cons I can list, but it just feels like I am beating a dead horse so I will stop.

Viewing 514 - 516 of 520 Reviews

Glassdoor has 3,695 SpaceX reviews submitted anonymously by SpaceX employees. Read employee reviews and ratings on Glassdoor to decide if SpaceX is right for you.