Philips Assistant Vice President salaries in India

Likes

Culture, Hybrid Work Policy, Good Salary and Benefits, Location

Dislikes

Full of people with half knowledge No clarity on the projects & tasks No clarity where the organization is going Layoffs till 2025 announced by CEO Management & HR department is poor

Likes

Good Culture, HR policies, car lease scheme is just awesome, unlimited sick leave, Learning opportunities, Internal Movement Opportunity, Global mindset. Work pressure is low, global connect can lead to longer working hours but it's flexible, No in-out attendance monitoring. Can stay here for long term. Working depends on your Manager, My manager has been extremely supportive and focuses on overall employees growth.

Dislikes

...ery less work on NPI and advanced development. Core Tech folks can stay away. Huge pay disparity between similar experience employees. Dept to Dept wise also too much variation. Grading system is unclear. New Jargon of "Diversity" candidates -promoting females for specific roles. This is contrasting to equal opportunity employer. Recent growth outlook and recalls have damaged brand reputation badly.

Likes

The work culture is chilled out. Employees take their sweet time to work on the project.

Dislikes

...ars and in all this time I have never seen profits come to the business 6. The Annual incentive part of your salary is never paid in full, maximum you’ll get is 90%. 7. People here know that there job is secure hence the ‘govt job’ mentality is there. Lastly if you’re joining, negotiate your salary so that you can live the next 2 years in the org and leave. Now on the facilities: 1. There is no gymnasium of Philips as such. It is a shared room with equipments between NXP and Philips. 2. No free food not even snacks or beverages. You need to buy it using Sodexo card. And the food isn’t that great. Only thing good was the biryani. 3. No cab facility 4. The company policies regarding employees have gotten worse and worse since new CEO was appointed 5. Team outings were a part of every BU but has stopped since 2019. Final words - be wise and look for something else.

Likes

Big MNC... Deep pockets... They pay you well and there is relatively less work pressure... Work from home.. No fixed timings.. No tracking. They give you some work and leave you alone. Up to individual work ethics to see a project to completion or spin loops to get away from doing anything

Dislikes

No job security. India is the donkey work hub. No one in the leadership team has any authority or any idea on what's going on. Work flows from NL or US and they may decide at any point that they don't want work with Indian people and then entire teams are laid off. Reorg happens every 6mnths. You could join as a head and after 6mnths you are probably working hand on on some task unrelated to what you were hired for. Policies all confused... Basically India org is a compleye mess and is only managing under a strong brand name.

Likes

... although they are not into details. 3. No retention policy's for top talent. 4. HR policies, salary brackets, employee retention policies , team changing policies,are all from stone age. 5. Everything is governed by HR policies that don't work in reality. 6. Fresh engineers can get compensated more than experienced engineers making it attrition heavy bottom ..