Loved the Company (as a whole) - Accountant I Philips Employee Review

2.0
23 May 2016
Recommend
CEO approval
Business outlook

Pros

Massive company, many opportunities to meet people from around the world. Company generally has a pretty good reputation. Non-cash benefits are fantastic. Company cares about health and is working towards implementing beautiful work environments for their employees.

Cons

American groups are mired with cronyism. Terrible managers and senior employees can sit tight and get away with not doing much work (not sure why, there were many instances where massive screw-ups should have led to corporate governance, but nothing ever seemed to happen). Tons of turnover in the junior levels because of this. Salaries are not competitive given the expected work. 10% of the days that I spent working at this company were 16+ hour days, the next 15% were 12 hour days, the next 25% were 10 hour days, and the remaining 50% were 9 hour days. Whenever this was brought up during compensation review, we were ignored or told that the company was trying to lower its finance costs/Revenue numbers. Maybe you should try harder to expand that denominator or even look for some of that dead-weight I mentioned before.

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Philips Response
10y
Thank you for taking the time to leave a review about your work experience at Philips. We are happy to read you loved our company as a whole. As Philips we're grateful you were part of our company for more than a year and supported us with your financial skills. We will definitely take your remarks about the work ethic in your former office into account. Your feedback will help us to continuously improve the lives of your former colleagues and the efficiency of the organization.

Explore other reviews about Philips

5.0
9 May 2026
Recommend
CEO approval
Business outlook

Pros

Very cool company and pros

Cons

Nothing what I can think of

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Philips Response
1mo
Thank you for your review. It’s gratifying to know that you have such a good time in our company. We appreciate your contributions and wish you all the best.
2.0
15 June 2026
Recommend
CEO approval
Business outlook

Pros

The people in non- upper management roles that work there are fantastic. Great sense of community onsite and the culture champions are consistently looking for ways to make work life better.

Cons

Very poor communication on the strategy for the business unit. Leadership publicly promotes innovation and new ideas to be presented but then those ideas are shot down or penalized in private by current upper management. The business unit leadership says that don't want excuses for project delays but will then decide to do 3 major layoffs in the first two quarters with no transition plan, no support for gap in resources and no expectations to delayed progress.

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Philips Response
4d
Thanks for sharing your feedback and for your 7.5 years of service with us. It’s great to hear that you found a fantastic sense of community and culture onsite among your colleagues. We’re sorry to hear about your experience. Your perspective on management transparency and resource support is incredibly helpful, and we’re actively working to improve our ways of working. We appreciate your dedication over the years and your honest insights, which help us focus on building a better workplace. We wish you all the best in your future career.
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