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Formel D
3.9
based on 65 Reviews
Company Overview
Company Locations
Working at Formel D
Company Summary
Overall Rating
3.9/5
based on 65 reviews
On-Par
with industry average
Critically rated for
Job security, Skill development, Salary
Work Policy
Monday to Saturday
69% employees reported
Flexible timing
52% employees reported
Within city
45% employees reported
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
6 employees reported
Free meal
5 employees reported
Job/Soft skill training
5 employees reported
Health insurance
3 employees reported
View all benefits
About Formel D
Founded in1993 (32 yrs old)
India Employee Count201-500
Global Employee Count10k-50k
HeadquartersTroisdorf, Germany
Office Locations
--
Websiteformeld.com
Primary Industry
Other Industries
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Formel D is the global service provider to the automotive and component supply industry. We develop leading concepts and individual, scalable solutions for quality assurance and process optimization along the entire automotive value chain - from development to production through to after sales.
Formel D also offers services for the overall vehicle all along the automotive value chain. Our service portfolio includes the construction and reconstruction of prototypes, test vehicles and special-purpose vehicles during the development phase, rework during ramp-up and within series production, conversions and retrofits to finished vehicles, as well as the upgrading of used vehicles and pre-delivery inspections.
We offer our customers a comprehensive service network all over the world. Solution-oriented consultancy services, professional project management and dedicated training courses guarantee continuous improvement to processes and quality standards for both you and your business partners. We take on outsourced partial processes in development, production and aftersales so that you can concentrate on your core processes and place the overall responsibility for these activities in experienced hands.
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Formel D Ratings
based on 65 reviews
Overall Rating
3.9/5
How AmbitionBox ratings work?
5
24
4
13
3
16
2
1
1
11
Category Ratings
3.4
Company culture
3.2
Work satisfaction
2.9
Work-life balance
2.9
Promotions
2.8
Salary
2.8
Skill development
2.2
Job security
Formel D is rated 3.9 out of 5 stars on AmbitionBox, based on 65 company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Formel D Reviews
Top mentions in Formel D Reviews
+ 1 more
Compare Formel D with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.9/5 based on 65 reviews | 3.8/5 based on 2.1k reviews | 3.9/5 based on 1.2k reviews | 3.7/5 based on 1.6k reviews |
Highly Rated for | No highly rated category | No highly rated category | Skill development Company culture Job security | No highly rated category |
Critically Rated for | Job security Skill development Salary | Promotions | Promotions | Promotions Salary Company culture |
Primary Work Policy | - | Work from office 88% employees reported | Work from office 57% employees reported | Work from office 87% employees reported |
Rating by Women Employees | 1.0 Bad rated by 2 women | 3.7 Good rated by 241 women | 3.8 Good rated by 124 women | 3.6 Good rated by 17 women |
Rating by Men Employees | 3.9 Good rated by 62 men | 3.9 Good rated by 1.8k men | 3.9 Good rated by 1k men | 3.7 Good rated by 1.5k men |
Job security | 2.2 Poor | 3.7 Good | 3.8 Good | 3.5 Good |
View more
Formel D Salaries
2.8
rated by 65 employees for salariesQuality Inspector
(41 salaries)
Unlock
₹1.5 L/yr - ₹3 L/yr
Quality Engineer
(18 salaries)
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₹1.6 L/yr - ₹3.8 L/yr
Project Lead
(7 salaries)
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₹4.5 L/yr - ₹7 L/yr
Project Manager
(6 salaries)
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₹8 L/yr - ₹12.2 L/yr
Senior Quality Engineer
(6 salaries)
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₹5.9 L/yr - ₹7 L/yr
Regional Sales Manager
(5 salaries)
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₹10.5 L/yr - ₹17 L/yr
Project Administrator
(5 salaries)
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₹2.1 L/yr - ₹2.6 L/yr
Team Leader Quality
(5 salaries)
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₹2.4 L/yr - ₹4.1 L/yr
Quality Inspection Engineer
(4 salaries)
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₹1.6 L/yr - ₹2.4 L/yr
QA Engineer
(4 salaries)
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₹2.1 L/yr - ₹2.5 L/yr
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Formel D FAQs
When was Formel D founded?
Formel D was founded in 1993. The company has been operating for 32 years primarily in the Auto Components sector.
Where is the Formel D headquarters located?
Formel D is headquartered in Troisdorf.
How many employees does Formel D have in India?
Formel D currently has approximately 300+ employees in India.
Does Formel D have good work-life balance?
Formel D has a work-life balance rating of 2.9 out of 5 based on 60+ employee reviews on AmbitionBox. 43% employees rated Formel D 3 or below for work-life balance. This rating reflects a negative sentiment among employees for work-life balance. We encourage you to read Formel D reviews for more details
Is Formel D good for career growth?
Career growth at Formel D is rated as poor, with a promotions and appraisal rating of 2.9. 43% employees rated Formel D 3 or below on promotions/appraisal. This rating reflects a negative sentiment among employees for career growth. We recommend reading Formel D reviews for more detailed insights.
What are the cons of working in Formel D?
Working at Formel D does have some drawbacks that potential employees should consider. The company is poorly rated for job security, skill development and salary & benefits, based on 60+ employee reviews on AmbitionBox.
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