The 10 largest medtech employers of 2018 – and what their employees really think

2. Royal Philips

Number of employees: 73,951
Big 100 revenue ranking: 4
Glassdoor rating: 3.5/5
58% would recommend to a friend.

People who work at Philips can prepare to challenge themselves, according to the company. Employees can expect a career that they never knew was possible.

Here’s what current and former employees have to say on Glassdoor:

“Pros: Pay and benefits were quite good, which is especially helpful in San Diego County; generally relaxed atmosphere and many people with long and deep experience in the business; this is not a business filled with twenty-somethings. Cons: While a leader in the products they design and market, many of the internal processes are right out of 1985. Paper-based approval processes which are opaque and very time-consuming; online ‘read and sign’ training; middle-management that says ‘that’s just the way we do it here’ too often; office areas are typical ‘cube-farms.'” —Former employee

“Pros: Ethical company; promotes integrity; excellent product portfolio; I work with great people–at my level and above; my supervisor is great; my supervisor has facilitated team growth through positive coaching and encouragement; the head of DP and the head of consumer lifestyle are class acts. Cons: Lower salary than other similar jobs in market; not many career opportunities; moving into other roles within consumer lifestyle proves to be unrealistic and nearly impossible.” —Current employee

“Pros: Great opportunity to work on products that make a difference and improve people’s lives; ability to use business and marketing background; outstanding benefits; great coworkers. Cons: Corporate strategy feels disjointed and dysfunctional; high-level decisions are based on a European/Dutch vision and philosophy which don’t always line up with American entrepreneurship; company is currently in transition/transformation; it is unlikely that new direction will allow the company to remain stable and profitable.” —Current employee

“Pros: Challenging but rewarding work in healthcare that saves peoples’ lives; very nice colleagues; flexible hours; ability to occasionally work from home for health-related or personal reasons; good pay and annual bonus; above average benefits. Cons: Too much reorganization and reshuffling; not enough focus on hiring more specialized people, tools and/or training to do more efficient/lean work; slow to introduce changes; not very up-to-date with technology.” —Current employee

“Pros: Benefits; work from home/work life balance; great benefits package; I suggest that you take the time to research and negotiate. Cons: Frequent reorganization and staff cuts. This is the major negative, as it has impacted staff morale. Otherwise there is not many negatives.” —Former employee

“Pros: Excellent opportunity for growth of career in medical devices; management is flexible; you are valued as an employee. Cons: Terrible work life balance; no employee group gatherings; focus on quantity over quality.” —Former employee

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