3. 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
