LyondellBasell

www.lyondellbasell.com
There are newer employer reviews for LyondellBasell

1 person found this helpful  

Great work environment

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Electrical Engineer Co-op I in Channelview, TX
Former Employee - Electrical Engineer Co-op I in Channelview, TX

I worked at LyondellBasell as an intern (less than a year)

Pros

Everyone was very nice and willing to help out, not an environment where everyone is trying to compete with each other
Get paid for overtime hours
Recovering from bankruptcy and hiring a lot

Cons

Always troubleshooting
Can get called out on weekends
Lots of politics

Recommends
Positive Outlook
Approves of CEO

162 Other Employee Reviews for LyondellBasell (View Most Recent)

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  1. 3 people found this helpful  

    Some great people to work with

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vibration Tech in Houston, TX
    Current Employee - Vibration Tech in Houston, TX

    I have been working at LyondellBasell full-time (more than 10 years)

    Pros

    Knowledgeable engineering staff at upper levels

    Cons

    Management! The michro managing style is not going to work at this company. This company has lost a wealth of knowledgeable engineers due to the new management style. the overall experiancee engineers has dropped signifiantly for 25+ years to 2 to 3 years experiance. The PAD system generate a cut throat back stabbing atmosphere. Then you also have to take into consideration the personality issue with the Assoicate Directors giving mid-year and yearly reviews to there personnel. these reviews will reflect on your raise and bonus for you. Basicaly if they don't care for you your not getting squat. Oh yea, and upper management, CEO, also gave a directive that 10% of each Directors employees would not get a favorable rating no matter how well they performed, If you look back at the Lyondellbasells CEO's history, he did the same thing(s) to the Phillips organization. DICTATOR style, treating all employee's (good or bad) like they were pawns. There is no loyalty from these idiots. Oh yea one last thing, they do not promote engineers based on knowlege or experiance they promote on how much you suck up and take credit for other employees work. I know this for a fact

    Advice to ManagementAdvice

    Get rid of CEO !!!!!!!!!!! Make this a company that employees enjoy coming to everyday.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 4 people found this helpful  

    Formerly great company now under sway of poor leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Information Technology in Houston, TX
    Former Employee - Information Technology in Houston, TX

    I worked at LyondellBasell full-time (more than 5 years)

    Pros

    History of good technology, great diversity, opportunity for growth and movement.

    Cons

    The worst problem used to be dealing with the bureacracy common to larger corporations but when the economic hit of 2008 after a leveraged buyout at a premium price put them in chapter 11 the management hired to bring them out has become the greatest threat to the long-term viability of the company (and certainly a short-term bane to anyone still employed there). There is little ability for or focus on building or innovation, but instead increasing profits by operational discipline as close to the point of starvation as possible. Margins increase. Special dividends are paid out. Share prices go up. Large share holders of the short term investor/stock option insider variety are thrilled but the company is being sucked dry of talent, energy and drive to succeed. Unfortunately the company is less and less staffed by people who love what they do and problems such as safety issues, poor stability of processes, flagging customer focus, loss of flexibility and creativity are an ever increasing threat. This takes time to work start showing up in lost contracts and flagging revenue, however. If this direction is not changed before too much downward momentum develops, eventually this will leave a dry husk of a company and a poorly served market as the legacy of current management (though the blame could be laid at the feet of their successors if the helm is changed too late but before bottom is hit). There is much talk about rewarding performance but staff is continually cut, R&D spending slashed, benefits culled, and morale plummets internally while the company is currently more profitable than ever. To management "performance" means buying stock and getting your reward as a dividend not working towards ensuring the company maintains leadership in the industry.

    Advice to ManagementAdvice

    Not much point. I think they have their own idea of what a great company is and our opinions differ.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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