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Philips

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Philips

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Philips Benefits

4.1
762 Ratings

Our Benefits

As a human health company, the health and wellbeing of our people are vitally important to us. When you join Philips, you'll find a variety of benefits and programs that aim to keep you happy, healthy, strong and engaged – both inside and outside of work. Be sure to ask for more information about local benefits and programs.

We know that how you work is every bit as important to you as what you work on. We aim to inspire energy and excitement as we find new ways to collaborate in-person, remotely and a mix of both.

Learn what it's like to be a Philips employee.

Which benefits does Philips provide?

Current and former employees report that Philips provides the following benefits. It may not be complete.

Insurance, Health & WellnessFinancial & RetirementFamily & ParentingVacation & Time OffPerks & DiscountsProfessional Support

Insurance, Health & Wellness

Health Insurance
3.9
201 Ratings
Employer Verified
3.6
32 Ratings
Employer Verified
3.8
26 Ratings
Employer Verified
3.5
22 Ratings
Employer Verified
3.4
22 Ratings
Employer Verified
3.3
11 Ratings
Employer Verified
3.3
6 Ratings
Employer Verified
3.6
5 Ratings
Employer Verified
3.4
5 Ratings
Employer Verified
3.3
4 Ratings
Employer Verified
3.0
4 Ratings
Employer Verified
3.5
2 Ratings
Employer Verified
5.0
1 Rating
Employer Verified

Financial & Retirement

4.4
123 Ratings
Employer Verified
3.6
25 Ratings
Employer Verified
3.6
19 Ratings
Employer Verified
3.3
12 Ratings
Employer Verified
3.3
3 Ratings
Employer Verified
4.0
2 Ratings
Employer Verified
4.0
2 Ratings
Employer Verified
4.0
1 Rating
Employer Verified

Family & Parenting

3.6
49 Ratings
Employer Verified
4.2
34 Ratings
Employer Verified
3.2
9 Ratings
Employer Verified
2.3
3 Ratings
Employer Verified
3.3
3 Ratings
Employer Verified
4.0
2 Ratings
Employer Verified
5.0
1 Rating
Employer Verified
Dependent Care
Employer Verified
Fertility Assistance
Employer Verified

Vacation & Time Off

4.0
101 Ratings
Employer Verified
3.6
34 Ratings
Employer Verified
3.8
26 Ratings
Employer Verified
2.9
11 Ratings
Employer Verified
3.0
3 Ratings
Employer Verified
Sabbatical
Employer Verified

Perks & Discounts

3.4
47 Ratings
Employer Verified
2.7
11 Ratings
Employer Verified
4.0
6 Ratings
Employer Verified
3.6
5 Ratings
Employer Verified
3.3
4 Ratings
Employer Verified
4.0
1 Rating
Employer Verified
3.0
1 Rating
Free Lunch or Snacks
Employer Verified
Legal Assistance
Employer Verified

Professional Support

2.9
13 Ratings
Employer Verified
4.0
5 Ratings
Employer Verified
3.3
4 Ratings
Employer Verified
4.0
2 Ratings
Employer Verified
Apprenticeship Program
Employer Verified

Employee Benefit Reviews

Showing 1–10 of 762 comments

Most Commented

  • Health Insurance(201 comments)

    Great company when it comes to benefits

  • 401K Plan(123 comments)

    Not applicable to India, but gratuity ad EPF is available and employer contribution is matched to employee which is decent

  • Vacation & Paid Time Off(101 comments)

    Vacations available as much as required

Mar 27, 2023
5.0
Current VP Sales in San Jose, CA, California

Wonderful company to work with, real added value

Report
Mar 26, 2023
4.0
Current Talent Acquisition in New York, NY, New York State

good benefits, good salary package

Report
Mar 19, 2023
4.0
Current Principal Regulatory Affairs Specialist in Cambridge, MA, Massachusetts

The medical insurance plan contains high-deductible options with really high out-of-pocket expenses in comparison to other companies.

Report
Mar 10, 2023
5.0
Former Technical Support Specialist in Minneapolis, MN, Minnesota

Philips has great benefits across the board!

Report

Got a burning question about Philips? Just ask!

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Mar 9, 2023
4.0
Former Service Technician in Mount Pleasant, PA, Pennsylvania

Generous vacation and time off policies

Report
Mar 9, 2023
4.0
Current Customer Service Representative in Murrysville, PA, Pennsylvania

Good 401k match. Inexpensive healthcare insurance.

Report
Mar 7, 2023
4.0
Former Employee

401k matching that vests at 50% for a year and 100% after 2 years is pretty good.

Report
Mar 3, 2023
4.0
Former Training and Curriculum Specialist in Framingham, MA, Massachusetts

Benefits were good when I worked.

Report
Mar 2, 2023
4.0
Current Clinical Product Specialist in Cambridge, MA, Massachusetts

Good health insurance and 12 week maternity leave benefit.

Report
Mar 1, 2023
5.0
Former Employee

Multiple health, vision and dental plans to choose from- company and tier

Report
Viewing 1 - 10 of 762 Reviews

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Over 129 years ago, Frederik and Gerald Philips started a small lightbulb company in Eindhoven. Little did they realize that it would...More

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Company Updates

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Philips

1 days ago

Diversity and Inclusion
Who are the women driving change for a more inclusive workplace at Philips? They live in all corners of the world and work with colleagues in Philips Women Lead (PWL), an Employee Resource Group (ERG) that champions women, enabling them to connect and thrive personally and professionally. PWL is one of the largest global ERGs at Philips, meet some of the women behind it by clicking the link below.
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Women driving change for a more inclusive workplace
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