1. EssilorLuxottica
Number of employees: 150,000
Big 100 revenue ranking: 10
Glassdoor rating: 2.9/5
38% would recommend to a friend.
The combination last year of French lens manufacturer Essilor with Italian eyewear maker Luxottica created the world’s 10th largest medical device company. EssilorLuxottica touts that it is inclusive and diverse with its employees. The company’s goal is to create an environment that employees will love and where they know they can make a difference through ingenuity, creativity and drive.
Here’s what current and former employees have to say on Glassdoor:
“Pros: Company culture; 410k and stock purchase plans. Cons: Lots of change due to continuous management reshuffle; need processes and better vision care benefits to employees.” —Current employee
“Pros: Great benefits; caring management; great work environment. Cons: Slow career progression; stingy with raises; high turnover.” —Current employee
“Pros: The benefits including vacation were good; 401k better than most. Cons: Pay; the way employees get treated.” —Former employee
“Pros: Really smart people in the marketing department; some managers/directors are wonderful people to work with; very international and diverse group of people; cutting edge, innovative products that are leaders in the ophthalmic lens industry; rotational program within marketing department affords young marketing managers to get a good variety of experiences. Cons: Management if aloof; department culture is very cynical; toxic personalities/management styles are tolerated and often promoted; training and coaching is minimal; leaders take a ‘sink or swim’ approach to managing their employees; very meeting heavy organization; there are often too many cooks in the kitchen on projects; ambiguity abounds; inflexible work hours.” —Former employee
“Pros: Supportive, collaborative, purpose-driven culture; people are very friendly and see the value in building strong relationships; lots of opportunities to make a difference. Cons: Complexity in the business makes things difficult at times; streamlining needed; the good news is the culture.” —Current employee
“Pros: Great benefits; room for advancement; original management was superb; product superb and sells itself. Cons: Lots of competition; too many new acquisitions; starting to compete against ourselves.” —Former employee