Philips Electronics Nederland B.V. is a major player in the tech world, known for its innovations in healthcare and home appliances. With around 80,000 employees globally, and 11,000 based in the Netherlands, Philips has a significant presence. This article explores what it’s like to work at Philips, covering aspects like company culture, career growth, work-life balance, and more.

Key Takeaways

• Philips employs around 80,000 people worldwide, with 11,000 based in the Netherlands.
• The company is focused on healthcare technology and home appliances.
• Philips offers various career growth opportunities, including training programmes and clear promotion policies.
• Work-life balance is supported by flexible working hours and remote work options.
• Recent challenges include layoffs and market difficulties, but Philips continues to innovate.

Company Culture and Values

Core Values

Philips Electronics Nederland B.V. believes that they are at their best when their employees are at theirs. The company supports everyone to develop to their fullest potential. Their unique culture creates the conditions for this growth. Philips is a purpose-driven company, conscious of its responsibility towards society. They aim to embed sustainability deeply in their business practises. They are committed to minimising their environmental impact by taking climate action, driving the transition to a circular economy, and implementing EcoDesign in their products.

Employee Testimonials

Employees at Philips often highlight the collaborative environment. They work together across organisational boundaries to deliver the best results for their customers and the company. This teamwork is a key reason why Philips is considered one of the Best companies in The Netherlands. Employees are encouraged to take ownership and be proactive in achieving company and team goals. They celebrate successes together, which fosters a positive and inspiring workplace.

"If you’re an executive and you’re thinking about coming to Philips, I would say ‘Do it!’ because where else do you have the opportunity to impact billions of peoples’ lives?"

Community Engagement

Philips aims to deliver social impact by improving people’s health and well-being. They engage with their suppliers and the communities where they operate. This commitment to social responsibility is one of the reasons why Philips is listed among the Companies with good culture in The Netherlands. Their ethical and responsible practises are anchored by a robust management structure and a strong ethics framework. This helps them maintain the highest standards in all their operations.

Career Growth and Opportunities

Training Programmes

Philips Electronics Nederland B.V. offers a variety of training programmes to help employees grow in their careers. These programmes include workshops, online courses, and mentorship opportunities. Employees are encouraged to continuously develop their skills to stay competitive in the ever-evolving tech industry.

Promotion Policies

The company has clear promotion policies that are based on performance and merit. Regular performance reviews ensure that employees receive feedback and know what is expected for their next career step. Promotions are not just limited to managerial roles but also include technical and specialist positions.

Career Pathways

Philips provides multiple career pathways to suit different interests and skills. Employees can choose to advance in their current field or explore new areas within the company. This flexibility allows for a more personalised career journey.

At Philips, career growth is not just a possibility; it’s a promise. The company is committed to helping employees reach their full potential through structured programmes and clear pathways.

Work-Life Balance

Flexible Working Hours

Philips Electronics Nederland B.V. offers flexible working hours to help employees manage their personal and professional lives. This flexibility allows staff to adjust their work schedules to better fit their individual needs, promoting a healthier work-life balance.

Remote Work Options

The company supports remote work options, enabling employees to work from home or other locations. This approach not only reduces commuting time but also provides a more comfortable and productive working environment.

Employee Well-being Initiatives

Philips places a strong emphasis on employee well-being. They have various initiatives aimed at promoting physical and mental health, including wellness programmes, fitness memberships, and mental health support. These efforts ensure that employees feel valued and supported in their roles.

Philips believes that a happy and healthy workforce is key to achieving success. Their commitment to work-life balance reflects this belief, making it a great place to work.

Compensation and Benefits

Salary Packages

Philips Electronics Nederland B.V. offers competitive salary packages to its employees. The company ensures that the compensation is in line with industry standards and reflects the employee’s role and experience. Employees often find the salary packages attractive, which helps in retaining top talent.

Health Benefits

The health benefits at Philips are comprehensive. Employees receive health insurance that covers a wide range of medical services, including visits to doctors, specialists, and hospitals. Additionally, there are allowances for dental and vision care, making sure that employees’ health needs are well taken care of.

Retirement Plans

Philips provides robust retirement plans to its employees. These plans are designed to help employees save for their future and ensure financial security after retirement. The company offers various options, allowing employees to choose the plan that best suits their needs. This focus on long-term financial well-being is a significant part of the company’s benefits package.

Workplace Diversity and Inclusion

Diversity Policies

Philips Electronics Nederland B.V. places a strong emphasis on diversity, equity, and inclusion. They believe that a diverse workforce drives innovation and better decision-making. Their policies ensure that everyone, regardless of background, has equal opportunities to grow and succeed.

Employee Resource Groups

The company supports various Employee Resource Groups (ERGs) that focus on different aspects of diversity. These groups provide a platform for employees to share experiences, support each other, and promote a more inclusive workplace. ERGs at Philips include groups for women, LGBTQ+ employees, and various cultural backgrounds.

Inclusive Practises

Philips is committed to creating an inclusive environment where everyone feels valued. They have implemented several practises to ensure this, such as unconscious bias training and inclusive leadership programmes. These initiatives help in fostering a culture where every employee can thrive.

At Philips, they believe that they are at their best when their employees are at theirs. This belief is reflected in their commitment to diversity and inclusion.

Innovation and Research

Research and Development

Philips is deeply committed to innovation, investing EUR 1.9 billion in Research and Development in 2020, which is 10% of their sales. Over 11,000 employees work in R&D, making up more than 13% of the total workforce. This dedication ensures that Philips remains at the forefront of technological advancements.

Collaborations and Partnerships

Philips actively engages in ‘Open Innovation’ by partnering with academic institutions and industrial entities. These collaborations help improve innovation efficiency and share financial risks. They also participate in various European and regional projects to foster innovation.

Recent Innovations

Philips has been recognised for several innovative projects. For instance, the ITEA 3 Call 5 project, IVVES, won the ITEA Award of Excellence Innovation 2023. Another notable project is DAYTIME, which focuses on digital lifecycle twins for predictive maintenance and won the ITEA Award of Excellence Innovation 2022.

Challenges and Changes

Recent Layoffs

Philips Electronics Nederland B.V. has faced some tough times recently, including layoffs. These layoffs were part of a larger restructuring plan aimed at improving efficiency and cutting costs. While necessary, these changes have been difficult for many employees. The company is working hard to support those affected and help them transition to new opportunities.

Market Challenges

The market for electronics is always changing, and Philips has had to adapt to stay competitive. They face challenges from new technologies and competitors. To stay ahead, Philips focuses on innovation and improving their products. They also work closely with partners to find new ways to meet customer needs.

Future Outlook

Despite the challenges, Philips is optimistic about the future. They are committed to their mission of improving lives through innovation. The company plans to continue investing in research and development to create new and better products. They believe that by staying true to their values and working together, they can overcome any obstacles and achieve their goals.

Philips remains dedicated to making the world healthier and more sustainable through their efforts in innovation and collaboration.

Frequently Asked Questions

How many people does Philips employ worldwide?

Philips employs nearly 80,000 people around the globe.

How many Philips employees are based in the Netherlands?

Approximately 11,000 employees work in the Netherlands, in cities like Eindhoven, Drachten, Best, and Amsterdam.

How many jobs will be cut globally by Philips?

Philips plans to cut 10,000 jobs worldwide.

How many jobs will be lost in the Netherlands?

Around 800 jobs in the Netherlands will be cut or absorbed, with about 400 being forced redundancies.

What is Philips known for?

Philips is known for its contributions to healthcare technology and home appliances.

What were Philips’ sales in 2021?

In 2021, Philips generated sales of EUR 17.3 billion.