Philips Lighting Employee Benefits and Perks | Glassdoor

Philips Lighting Benefits

26 Ratings

Employee Benefit Reviews

Showing 1–10 of 26 comments

Most Commented

  • Apr 11, 2019
    StarStarStarStarStar Current Technical Recruiter in Somerset, New Jersey

    The flexible work schedule is great

  • Apr 02, 2019
    StarStarStarStarStar Former Quotation Specialist in San Marcos, Texas

    Generous 401K matching and very good health benefits.

  • Oct 28, 2018
    StarStarStarStarStar Former Employee in New Brunswick, New Jersey

    nothing offered on contract .

  • Apr 21, 2018
    StarStarStarStarStar Former Regional EHS Manager Americas in Rosemont, Illinois

    Health insurance, 401K, employee discounts, paid vacations and sick days...

  • Jan 31, 2018
    StarStarStarStarStar Current Finance in Somerset, New Jersey

    Really great benefits with Philips compared to other companies. Solid 401k with Vanguard and health benefits are very good.

  • Jan 20, 2018
    StarStarStarStarStar Former Employee in Cambridge, Massachusetts

    picnic once a year

  • Nov 17, 2017
    StarStarStarStarStar Current Employee in Burlington, Massachusetts

    Health insurance coverage is EXCELLENT. My health care providers are amazed that things that are typically not covered under most plans are covered under this plan. Referrals to see specialists are not required. Premiums go up every year, bu the company pays about 70% of the premium. Deductible is high, but aren't all plans these days? 401k matching is generous, up to 7% of salary IIRC. 15 days vacation plus 3-4 floating holidays, and paid fixed holidays. Fitness benefit up to $240. Dependent care FSA. Companies pays for 1x salary life insurance. Dental insurance is reasonable.

  • Jun 21, 2017
    StarStarStarStarStar Former Sr Manager in Somerset, New Jersey

    the benefits are great specially with the recent separation from Philips health tech. there was an employee stock discount purchase program.

  • Mar 11, 2017
    StarStarStarStarStar Former Employee in Andover, Massachusetts

    The benefits are great. 401K match is extremely generous. Vision plan is very expensive. Medical insurance is good but deductible is high. Dental is great.

  • Nov 14, 2016
    StarStarStarStarStar Former Customer Service Manager in Somerset, New Jersey

    Start with 18 days vacation plus 12 company paid holidays. Health benefits are good but expensive.

Benefits Summary

List based on reports from current and former employees. It may not be complete.

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Insurance, Health & Wellness

Financial & Retirement

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