Philips Finance & Accounting Department Salaries in Mumbai

Likes

1. Philips -- The parent company is too good. 2. Culter, Perks and Salary in Parent company is best in class 3. Lateral movements in parent company gives loads of scope for us to learn and grow

Dislikes

1. GBS has become a typcial Indian company 2. Poor Leadership 3. Work Life balance -- will be at stake if you are performing -- 4. Office Politics at its best 5. Perks gets reduced every year 6. Promotions are managers discretion -- Performance and ratings are not related to it. 7. HR rules and policies work for Managers .. 8. Y-o-Y growth % is good interms of Managerial Hirearchy..

Likes

Flexible working hours, I can do my work in my own way, creativity and improvement will be highly appreciated

Dislikes

variable pay is 70% org performance and 30% individual contribution. All the effort you will be all be for the 30% even that will not be paid in full. Org performance was never paid in full, last year it was 0%

Likes

Work Life balance is incredible.. I don't remember a day after my probation where I had to toil more than the specified 9-6 Work culture is mostly dependent on the team lead. There are teams which make your life easier and others, you know what I mean...

Dislikes

Freshers are hired at a salary way below the market standards like 20-40% low so that they might struggle when we find other opportunities. After first 2 years, escalating corporate ladder becomes slower and tedious Leaders are considering their pay cheque and their benefits on a priority rather than overall process improvement or better tomorrow.

Likes

Pay is decent and their is little pressure from Onshore people.

Dislikes

Your career is in the hands of your line manager. Feedback from onshore partners doesn't matter. You need to know how to manage your manager to survive and excel in the long-run here.

Likes

It's a brand

Dislikes

They don't give the salary and benefits they have promised. There is no job security. They is no room for learning and applying. They give negligible hike or no hike. The people are non cooperative. Bad working environment. They don't give freshers a fair chance to learn and prove themselves.