ASML

www.asml.com
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good for start up, no growth later

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Mechanical Design Engineer II in Wilton, CT
Current Employee - Mechanical Design Engineer II in Wilton, CT

I have been working at ASML

Pros

stable organistaion
no layoffs for average and above performance

Cons

flat organsation
no growth after 4-5 years of job

Advice to ManagementAdvice

be diligent ,rather than only covering your A**

No opinion of CEO

111 Other Employee Reviews for ASML (View Most Recent)

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  1. 3 people found this helpful  

    Love the work! Salary could be way better!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Design Engineer II in Wilton, CT
    Current Employee - Design Engineer II in Wilton, CT

    I have been working at ASML

    Pros

    You are working on cutting edge technology that you know directly affects smartphones, tablets, PCs, etc and that is a great source of pride.

    You are allowed to be entrepreneurial.

    Great people at the company.

    Cons

    We always seem to be putting out fires rather than stopping a problem before its even ignited. This can be solved by having all departments, D&E, Mfg, Supply Chain, Veldhoven-Wilton teams, etc work as a cohesive unit from the beginning at Product Feasibility/Concept stage rather then deciding on concepts and ideas and then informing other teams later.

    Pay/Raise structure is poor and not competent with market leaders.

    College grads who are 5 years in and now at Senior Engineer positions are not paid anywhere close to a new hire at those positions or near market rates.

    Performance review system is a complete joke and inaccurate. You could go above and beyond for a task on your performance list and still receive 50-60% of perfect score since the score is directly attached to a predetermined raise an employee will get.

    This forces your manager to compliment you heavily and in the end the compliments do not match the low score nor the raise that you get.

    Absolutely no career paths! Your tasks will change but your position is stagnant.

    Advice to ManagementAdvice

    Please change the review system so that it is obvious who the top performers are and who deserve honest raises. The employees at ASML feel like workhorses who are never rewarded appropriately for the hard work they've put in.

    I personally know 5 peers, who were hired from college and helped greatly to current and future programs at ASML and left due to incompetent raises, promotions and salaries. Most of them are making 30% - 40% more in their new jobs.

    I can see a wave of people leaving soon, mostly the younger generation (24-35 year olds) that should really be retained since they are the future bright minds and talent that could effectively carry ASML in to the future.

    Recommends
    No opinion of CEO
  2.  

    Stable job, but didn't feel you can achieve your potential

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Senior Applications Engineer in Santa Clara, CA
    Former Employee - Senior Applications Engineer in Santa Clara, CA

    I worked at ASML

    Pros

    Stable, Fair enough work-life balance

    Cons

    Many times PMs don't have a good clue about the sensible direction.They just head towards some empty promises from the customers. You spend a lot of time and efforts for nothing.

    Advice to ManagementAdvice

    Should have a better strategic planning, and appropriate the resources accordingly

    Approves of CEO
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