Philips Innovation Campus R&D Engineer salaries in Mumbai

Likes

Salary is paid according to the market. But don’t expect any hikes.

Dislikes

No job security at all. Everything is politics and take you out according to their need. Doesn’t consider your performance before you are put out. 0/5 for the job security

Likes

Work life balance might be good

Dislikes

... and the hike is also very low compared to other companies.. Go for a startup .. Most of them even offer better salary than Philips ... And you will get to learn a lot...

Likes

you get to work with some very talented and down to earth people who are always there to help you. You get a very good work life balance and it is very less that you will be overloaded with the work. You also get decent career growth .

Dislikes

Compensation is less in comparison to another companies with same level of experience. Travel opportunities are very less.

Likes

Good thing is too much Life balance and you will easily come to comfort zone.

Dislikes

...rned before coming to Philips. Job security after Covid - 2022 has become worse. They pay you well, but you will be in a shock once they inform you that you have notice period left and to search outside. The reason for lay-off or firing they give is organizational restructuring, but still they hire which is really confusing.

Likes

Some teams don't have micromanagement . Internal team pay and wlb is better than people working for Business

Dislikes

Company culture drastically changed after the company suffered a huge loss . Micromanagement culture has started and it's impacting the productivity. Dont expect a good single digit hike also till the company becomes stable .