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Formosa Chemicals

Is this your company?

Large and bureaucratic - Anonymous employee Formosa Chemicals Employee Review

3.0
29 Nov 2015
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Largest company in Taiwan; big brand name (in Taiwan); higher compensation than most of the other Taiwanese companies; very stable job, you don't get fired unless you really caused a large trouble.

Cons

Very old and bureaucratic company; lack of innovation and creativity; you don't get promoted by being bright and work hard, you only get promoted for working there for a long time (or know someone important in the company)

Explore other reviews about Formosa Chemicals

3.0
29 Oct 2023
Recommend
CEO approval
Business outlook

Pros

Compared with the technology industry, there is less pressure

Cons

Bureaucratic work culture and low salaries

2.0
10 May 2018
Recommend
CEO approval
Business outlook

Pros

- Great work life balance (8:30 am - 5:30 pm) - Average compensation is higher than other companies in Taiwan - A lot of employee discounts and perks

Cons

- Extremely bureaucratic. Know the company's "rule of the game," if you don't want to get into trouble - Very corrupted, a lot of "under table businesses" going on. A lot of bribery is going on. People from top level executives to front line sales are getting paid illegally - Managers and executives spend a lot of efforts pleasing their superiors instead of doing their jobs - You don't get promoted for doing a great job at work, you only get promoted for pleasing your superiors - Extremely top-down. Employee's voice never gets heard - Management team is extremely short sighted - Old fashioned. Zero innovations

2
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