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Formel D

3.9
based on 66 Reviews
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Working at Formel D

Company Summary

Formel D operates in the automotive sector, providing solutions for quality assurance and process optimization throughout the automotive value chain.

Overall Rating

3.9/5
based on 66 reviews
highly rated categories
3% above
industry average
highly rated categories
Critically rated for

Job security, Promotions, Skill development

Work Policy
Monday to Saturday
Monday to Saturday
67% employees reported
Flexible timing
Flexible timing
51% employees reported
Within city
Within city
43% employees reported
Day shift
Day shift
100% employees reported
View detailed work policy
Top Employees Benefits
Office cab/shuttle
Office cab/shuttle
6 employees reported
Free meal
Free meal
5 employees reported
Job/Soft skill training
Job/Soft skill training
5 employees reported
Health insurance
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
Are you managing Formel D's employer brand? To edit company information,
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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 66 reviews

Overall Rating

3.9/5
How AmbitionBox ratings work?
5
24
4
13
3
17
2
1
1
11

Category Ratings

3.4

Company culture

3.1

Work satisfaction

2.9

Work-life balance

2.8

Salary

2.8

Skill development

2.8

Promotions

2.2

Job security

Formel D is rated 3.9 out of 5 stars on AmbitionBox, based on 66 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

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Compare Formel D with Similar Companies

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Overall Rating
3.9/5
based on 66 reviews
3.8/5
based on 2.3k reviews
3.9/5
based on 1.2k reviews
3.6/5
based on 1.6k reviews
Highly Rated for
No highly rated category
No highly rated category
Company culture
Skill development
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
Hybrid
51% employees reported
Work from office
84% employees reported
Rating by Women Employees
1.0
Bad
rated by 2 women
3.7
Good
rated by 259 women
3.6
Good
rated by 132 women
3.4
Average
rated by 19 women
Rating by Men Employees
3.9
Good
rated by 63 men
3.8
Good
rated by 1.9k men
3.9
Good
rated by 1.1k men
3.6
Good
rated by 1.5k men
Job security
2.2
Poor
3.7
Good
3.7
Good
3.4
Average
View more

Formel D Salaries

Formel D salaries have received with an average score of 2.8 out of 5 by 66 employees.

Quality Inspector

(41 salaries)
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₹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

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

Supervisor

(4 salaries)
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₹2 L/yr - ₹2.7 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. 44% 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 2.8. 44% 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.
Formel D Overview
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