Meralco

  www.meralco.com.ph
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Meralco Reviews

Updated May 17, 2014

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All Employees Current Employees Only

4.1 28 reviews

100% Approve of the CEO

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Manuel V Pangilinan

(13 ratings)

87% of employees recommend this company to a friend
5 Employee Reviews Back to all reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Life Changing..

    Engineer (Former Employee)

    ProsWell established and stable company. Good training ground for new professionals to acquire technical skills and competencies.

    ConsWork-life balance is poor. Career opportunities for technical people aiming for management level is not a trend. Salary for engineers does not compensate the workload and responsibilities.

    Advice to Senior ManagementReview the factors concerning the engineers and other technical people in Operations. Why most of the best personnel wants to leave the company? Are they neglected, disregarded, overlooked or mismanaged? Or something wrong with the organizational heads? Maybe they feel they don't get much of what they deserve..Only one thing is for sure, there is something that needs to be done here.

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    no career growth

    Secret (Former Employee) Pasig City (Philippines)

    Proseveryone is kind, and working environment feels like your second home

    Consno career growth. politics driven. no opportunity

    Advice to Senior Managementvalue those who are really working hard and not just the upper mgt.

    No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

     

    The best place to retire

    Anonymous Employee (Current Employee)

    Prosfun work environment, good health benefits (with own hospital) and other employee perks (e.g. shuttle service, loans), free parking and access to gym and sports facilities

    Consupper class personnel are extremely rewarded, while middle to lower class employees are pushed to their limits to achieve the company goals without reaping any rewards at all

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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Golden days are over.

    Anonymous Employee (Current Employee) Manila, Manila (Philippines)

    ProsDefensive Industry Company - it won't go down anytime
    Great Work Environment
    Great Co-workers
    Workload very manageable
    Good Benefits especially Health and Loan

    ConsTraditional Style of Management
    Sub-par Salary compare to Engineering Industry
    Seniority Complex

    Advice to Senior ManagementMeralco is an engineer company you should cherish it engineers to have a very competitive salary pay.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

    1 person found this helpful  

    Below par Compensation Packages

    Engineer (Current Employee)

    ProsThere are two opportunities each year where you could increase the salary. First is the CBA (negotiated by union) with an estimated amount of 1.5k-2k increase. Second is the performance based raise (estimated amount of 300-1200 per year)

    ConsSalaries and benefits packages for newly hired employees are not competitive compared with other companies. Tenure dictates the magnitude of your salary. Not based on performance or merit

    Advice to Senior ManagementPlease review the salary / compensation of the new (up to middle aged) employees with high potential (engineers, cpas, etc.). More young employees are leaving because of the "below par" compensation/ benefits they receive

    No, I would not recommend this company to a friend

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