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The 12 largest medtech employers of 2020 – and what their employees really think

October 27, 2020 By Danielle Kirsh

royal-philips-logo3. Royal Philips

Number of employees: 80,495
Glassdoor rating: 3.7/5
70% would recommend to a friend.

People who work at Royal Philips (NYSE:PHG) 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:

“Pros: Global brand recognition; fabulous people; innovative and forward-thinking to drive healthcare to the next level; focused on diversity and environmental issues. Cons: Continual reorganizations which compromise employee engagement.” —Current employee

“Pros: Competitive salary but not the best from my understanding of other companies that operate in a similar space; the benefits are very good with the exception of healthcare, which just seems to be average; the one really nice thing about Philips, though, is their leniency on working remotely and transitioning to that being more the norm. Cons: Culture is becoming more corporate; less focus on innovation; very focused on money, which is bad when looking for a promotion; the promotion criteria seems less about performance and more about whether or not it fits into the budget.” —Current employee

“Pros: Great mission to save lives; good cardiology portfolio and health tech focus by divesting from semiconductors, white goods and lighting. Cons: Makes it feel that everything is run by a committee; endless debates and delayed decision-making lose edge even when ahead of the competition; being cheap instead of being prudent.” —Current employee

“Pros: Great team and product quality; good business strategy. Cons: Too complex and slow decision-making.” —Former employee

“Pros: Challenging technology; great management. Cons: Static work culture and insufficient rate of improvement.” —Former employee

“Pros: Environment where there are a lot of growth opportunities; the people are great to work with. Cons: With change comes opportunity; if you do not like change, it may not be a long term-fit.” —Former employee

Next >>

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About The Author

Danielle Kirsh

Danielle Kirsh is an award-winning journalist and senior editor for Medical Design & Outsourcing, MassDevice, and Medical Tubing + Extrusion, and the founder of Women in Medtech and lead editor for Big 100. She received her bachelor's degree in broadcast journalism and mass communication from Norfolk State University and is pursuing her master's in global strategic communications at the University of Florida. You can connect with her on Twitter and LinkedIn, or email her at dkirsh@wtwhmedia.com.

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  • Home
  • Medical Device Business
    • Mergers & Acquisitions
    • Financial
    • Regulatory
  • Applications
    • Cardiovascular
    • Devices
    • Imaging
    • Implantables
    • Medical Equipment
    • Orthopedic
    • Surgical
  • Technologies
    • Supplies and Components Index
    • Contract Manufacturing
    • Components
    • Electronics
    • Extrusions
    • Materials
    • Motion Control
    • Prototyping
    • Pumps
    • Tubing
  • MedTech Resources
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    • The 2024 Medtech Big 100
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    • eBooks
    • Educational Assets
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