Philips
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Philips Employee Review

Wonderful company with great perks and benefits. very competitive culture

2.0
Job Work/Life Balance
Salary/Benefits
Job Security/Advancement
Management
Job Culture
June 27, 2020
Excellent company, truly multinational culture. The perks are excellent, incentive on over achieving your targets is almost as much as your CTC.
But careful: You need to be very aggressive and competitive to survive in Philips. The incentive and perks of overachieving are so high that you need to be careful of back stabbers and be very open to sucking up.


The company has good policy in terms of travel, benefits, compensation.

The company usually do not terminate an employee, but if you do not perform for 1 year, your growth will stagnate. you might be given a role which will compel you to leave.


So, in short. TARGETS are sacrosanct and must be achieved year on year to grow.
Ratings by category
1.0
Work/Life Balance
4.0
Salary/Benefits
3.0
Job Security/Advancement
2.0
Management
2.0
Culture
Pros
Awesome incentive structure. great growth, lots of goodies and parties.
Cons
Very competitive culture, not for the faint hearted
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