Philips Compensation Employee Reviews | Comparably
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Philips Compensation Employee Reviews

¿Cuál es la mejor parte de su paquete de compensación?

group insurance rate and 401k match

Revisión Publicado hace un año

I don't want to discuss about that

Revisión Publicado hace 3 años

Company stock as a retention bonus, however valuation is so poor that it regularly is cut to 1/3 the original value when vested. We are forced to leave a lot of potential on the table if we leave, but if we do not then we harm our own value in the long term.

Revisión Publicado hace 3 años

It is more than competitive

Revisión Publicado hace 3 años

Insurance and vision coverage and fsa

Revisión Publicado hace 3 años

Company pension and company car

Revisión Publicado hace 3 años

The 401K matching at 7%

Revisión Publicado hace 4 años

Benifits are top notch. Can't complain.

Revisión Publicado hace 4 años

Most of my compensation is fixed

Revisión Publicado hace 4 años

Pension, bonus system, performance based salary increase

Revisión Publicado hace 4 años

401k match is excellent at 7%

Revisión Publicado hace 4 años

Salary and flexibility of choices

Revisión Publicado hace 4 años

Benefits related to professional and personal development are really excellent. In addition, flexible health insurance benefits are really good.

Revisión Publicado hace 4 años

It is an overall nice package

Revisión Publicado hace 4 años

Out of touch with local economy for my job title - underpaid.

Revisión Review del Departamento de Operaciones · Publicado hace 5 años

abilty to be paid based on performance

Revisión Publicado hace 5 años

benefits are better than most

Revisión Publicado hace 5 años

company safeguarded their employees and never disappointed

Revisión Publicado hace 5 años

The fringe benefits like fitness reimbursement and health advocate gives $400 a year that I spent on tech

Revisión Review del Departamento de Operaciones · Publicado hace 5 años

It is profitable in all areas, if you can afford to get the maximum taken out of your pay.

Revisión Publicado hace 5 años

¿Por qué te sientes infravalorado y qué te haría sentir mejor con respecto a tu compensación?

Respect and appreciation would go a long way

Revisión Publicado hace un año

Cost of Living Increases, at least matching the rate of inflation; making more than (barely) 40k / yr so I can afford to live

Revisión Publicado hace 2 años

That yearly reviews are open. You want more performance but not equivalent pay increase

Revisión Publicado hace 2 años

I've consistently (3 years) rated well in my PPM but been told there is no room (ie. a position at the next grade) available for me. My last bonus was an insult and just rubbed in the fact the glass ceiling hasn't moved. I wonder how these surveys are used, or even if they're read by a real person

Revisión Publicado hace 3 años

fair comparison with market value

Revisión Publicado hace 3 años

There is a disparity between how European employees are managed and rewarded (better) vs. US employees (worse). This leads to resentment.

Revisión Publicado hace 3 años

more! I am wearing 2 hats, I have experience and compententices 10x my colleagues and there for compensate, support or mentor them, all of which is developing better assets for Philips however I am not paid enough.

Revisión Publicado hace 3 años

Common employee wont get stock options

Revisión Publicado hace 4 años

Poorest paying job for most demanding job in 20 years in industry

Revisión Publicado hace 4 años

the performance review can easily be manipulated by managers who do not want to lose their seats in the organization, so potential is ignored

Revisión Publicado hace 4 años

More money, more reasonable expectations, & the ability to review management that actually impacts their wages. Management runs unrestrained, that is why this company is horrid. There is no accountability for management's abuse.

Revisión Publicado hace 4 años

Expectation that i should double and triple hat, for the same salary. The LTI are flat, regardless of my performance result

Revisión Publicado hace 5 años

Salary could be better, flexible pay model eats away at a lot

Revisión Publicado hace 5 años

Came into Philips via acquisition and took an immediate $30k hit in base salary and 80% reduction in commission rate.

Revisión Publicado hace 5 años

The pay was above average in the country (Panama) But still noy sufficient for the actual living costs

Revisión Publicado hace 7 años

I should be paid the same for comparable work within the organization.

Revisión Publicado hace 7 años

I would like it if leadership actively sought ways to make the offering profitable for customers.

Revisión Publicado hace 7 años

I don’t feel undervalued - comp more generous than other places I’ve worked

Revisión Publicado hace 8 años

Review Sentiment at Philips

74
74%
26
26%

About Philips' Compensation

B
71/100

Where This Score Ranks Philips' Compensation

TOP
25%

In the Top 25% of 1310 similar size companies on Comparably

TOP
50%

In the Top 50% of 256 companies in Boston

2nd

2nd place versus 5 competitors rated on Comparably

289 employees at Philips score their wages and compensation a B on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 59% say Yes. The Business Development department is the most satisfied with their compensation, ranking it 98/100, a full 49 pts above the Sales department. If you want detailed data about Philips' wages, see the <a href="https://www.comparably.com/companies/philips/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Experience - Entry Level
    +29%
  • Department - Business Development
    +27%
  • Department - Design
    +18%

Rate Compensation the Lowest

  • Department - Sales
    -22%
  • Ethnicity - Other
    -21%
  • Tenure - Over 10 Years
    -14%

How Philips' Compensation Score is Calculated

FILTER RATINGS BY

Results from 289 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
59%
No41%
Do you believe you're paid fairly?
AnswerPercent
76%
No24%
Are you satisfied with your Benefits?
AnswerPercent
81%
No19%
Does your company give annual bonuses?
AnswerPercent
Cada 6 meses o menos0%
Todos los años80%
Cada 2 años15%
Cada 3 años o más0%
Nunca5%
How often do you get a raise?
×
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