Meralco
4.1 of 5 28 reviews
www.meralco.com.ph Pasig, Philippines 5000+ Employees

Meralco Reviews

Updated Jun 17, 2014

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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
28 Employee Reviews
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    Good for training ground working experience but not a good place to stay for long :)

    Secret (Former Employee)
    Pasig, Rizal (Philippines)

    ProsHas a lot of Pros way back then, but when the new management took over, everythings all about sales and money. Welfare of low level employees out of picture.

    ConsIf you are an employee who is driven and has high ambitions in life, don't aim to join this company. They only value the team leader position and up but the lower level employees, NO! There are a lot of other companies that can offer you job security with better opportunities. Low level potential employees are not well taken care of, no career growth and low paid salary.

    Advice to Senior ManagementHave an open and fair opportunities for all employees. The performance base system is still not well implemented. High politics, palakasan system.

    No, I would not recommend this company to a friend

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    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.

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    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

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    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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    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.

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    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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    In Meralco, I experienced working in a family-oriented environment.

    Associate (Current Employee)
    Pasig City (Philippines)

    ProsThere is work-life balance in Meralco. Employees especially those assigned in Ortigas have the easy access to Meralco's sports facilities. People are friendly even the bosses especially of CIT group. As part of CIT family and Customer Management Systems in general, I was able to work wearing different hats which for me is an advantage. The government regulations make work in CMS even more challenging. Trainings are free and without bonds. We have a number of guaranteed bonuses in Meralco. Benefits like hmo and leaves are at par with other good companies.

    ConsThe compensation for CIT employees lower compared to other IT companies.

    Advice to Senior ManagementIncrease compensation based on industry standards.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Stable Company

    Administrative Clerk (Former Employee)
    Pasig City (Philippines)

    ProsGood benefits. Career growth with continuous training opportunities. Corporate Social Responsibility is top notch. Continuously improving processes and is abreast with technology.

    ConsChallenges are the constant negative issues regarding power rates and sometimes some irate customers can no longer distinguish between the company and it's employees.

    Advice to Senior ManagementTake care of the rank and file personnel who has loyally served the company for more than 20 years.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    Superb

    Procurement Specialist (Former Employee)
    Pasig City (Philippines)

    ProsThe processes in Meralco are all world class. They provide trainings to their employees. It has a Work & Life balance.

    ConsSince it is a very big company, there is somehow a limited room for growth in advancing to the corporate ladder.

    Advice to Senior ManagementN/A

    – I'm optimistic about the outlook for this company

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    Good company like family

    Analyst (Former Employee)

    ProsGood pay, many benefits. The company took good care of its employees.

    ConsThere can be so much politics. Less opportunity for career growth.

    Advice to Senior ManagementTo give chance to younger employees because there are so many people in the management position who will never let go of there position.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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Glassdoor is your free inside look at Meralco reviews and ratings — including employee satisfaction and approval rating for Meralco CEO Manuel V Pangilinan. All 28 reviews posted anonymously by Meralco employees.