Meralco Reviews

Updated May 17, 2014
Updated May 17, 2014
28 Reviews
3.8
28 Reviews
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Recommend to a friend
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Manuel V Pangilinan
13 Ratings

5 Employee Reviews Back to all reviews

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  1.  

    Life Changing..

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Engineer
    Former Employee - Engineer

    I worked at Meralco full-time for more than 8 years

    Pros

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

    Cons

    Work-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 ManagementAdvice

    Review 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.

  2.  

    no career growth

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Secret  in  Pasig City (Philippines)
    Former Employee - Secret in Pasig City (Philippines)

    I worked at Meralco full-time for more than 5 years

    Pros

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

    Cons

    no career growth. politics driven. no opportunity

    Advice to ManagementAdvice

    value those who are really working hard and not just the upper mgt.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  3.  

    The best place to retire

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Meralco full-time

    Pros

    fun 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

    Cons

    upper 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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  5.  

    Golden days are over.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Manila, Manila (Philippines)
    Current Employee - Anonymous Employee in Manila, Manila (Philippines)

    I have been working at Meralco

    Pros

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

    Cons

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

    Advice to ManagementAdvice

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

    No opinion of CEO
  6. 1 person found this helpful  

    Below par Compensation Packages

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Engineer
    Current Employee - Engineer

    I have been working at Meralco

    Pros

    There 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)

    Cons

    Salaries 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 ManagementAdvice

    Please 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

    Doesn't Recommend
    No opinion of CEO

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