Comparably Awards

Best Global Culture 2021 (Large Companies)

Philips Claimed Company

At Philips, you can turn your skills into meaningful impact in healthcare. You’ll help improve people’s health and wellbeing through meaningful innovation, working with teams who care deeply about the people at the heart of healthcare. The work is ambitious, the challenges are real and you won’t do it alone. We bring together diverse perspectives so we can better understand the communities we serve and create solutions that meet real needs. And we’re building a culture of impact with care, where you feel heard, valued and connected, because that’s how people do their best work. This is how we move healthcare forward to deliver better care for more people. read more

EMPLOYEE PARTICIPANTS: 784

TOTAL RATINGS: 6116

CEO: Roy Jakobs

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Millennials at Philips

Millennials at Philips grade their overall culture a D; also rating it 55/100, 14 points lower than Philips' overall culture as rated by all 784 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues. Three areas millennials working at Philips think their company is performing well in are: Perks And Benefits (A), CEO Rating (C+), and Compensation, (B).

Work Life Balance & Community Outreach at Philips

Millennials working at Philips and everywhere else are striving for a balanced life. At Philips, the majority of employees are satisfied with their work life balance. The average Philips employee receives 20-30 paid days off per year, and socializes with their peers never outside of work. See what employees at Philips think about their work life balance.

Answer	Percent
Yes	69%
No	31%

Are you satisfied with your work/life balance?

Answer	Percent
Unlimited	17%
20-30 days	39%
15-20 days	33%
10-15 days	0%
0-10 days	11%

How much paid vacation and sick days can you take a year?

Answer	Percent
Weekly	13%
Monthly	13%
Sometimes	50%
Infrequently	13%
Never	11%

How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at Philips

Within Youngstown, OH, 52% of millennials shared they have a mentor. See what employees think about mentorship and professional growth at Philips.

Answer	Percent
Yes	0%
No	100%

Do you have a mentor at work?

Answer	Percent
Yes	46%
No	54%

Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at Philips

Employees at Philips have ranked their perks and benefits in the Top 15% of companies within Youngstown, OH and in the Top 25% of similarly-sized companies on Comparably. When asked to estimate how much employees think Philips spends on their benefits, the most common answer selected is $1000 -$1500/mo. If Philips employees had to select an additional benefit not already provided it would be massage therapy. Learn about perks & benefits at Philips.

Answer	Percent
Yes	75%
No	25%

Are you satisfied with your Benefits?

Answer	Percent
Yes	75%
No	25%

Do your company's benefits play a part in staying at that company?

Answer	Percent
Paid Time Off	0%
Career Training	30%
Decision Making	20%
Fun Culture	40%
Retirement Contribution	10%

What Doesn't Your Company Provide, that You Want?

Retaining Millennials at Philips

It’s difficult to retain a millennial, and all three aforementioned sections listed bear importance. To recap, Philips employees rate their work life balance a C+. They do not think highly of Philips' professional growth opportunities. Employees have graded Philips' perks and benefits a B. These ratings and reviews lead us to conclude that Philips is a suitable company for the millennial workforce. Learn more about Philips' efforts to retain employees.

Answer	Percent
Yes	76%
No	24%

Would you leave your current job for a 20% raise at a different company?

Answer	Percent
Yes	24%
No	76%

Do Your Company Leaders Do What They Should to Retain You as an Employee?

Millennials at Similar Sized Companies on Comparably

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