
GroovyPenguin
Ericsson | Good to switch @10 years exp ?
Hello Viners,
I need some inputs on Ericsson as a company.
- How's the payment as per market standards ?
- How's work life balance ?
- Any idea about yearly hikes?
- Do promotions happen on time/is there a policy for it ?
- Is it a safe company w.r.t layoffs ?
- How's the Health insurance benefits ?
- Is it a good company to retire from ?
2mo ago

JumpyJellybean
Stealth2mo
- Below market standard
- Extremely good. Spent close to 8 years in the company and can count on my fingers the days I worked over time or was asked to work on a weekend
- I’ve only gotten between 5-8%. Don’t expect much.
- Promotions depend on the kind of job you do. It often won’t be given to you. You’ll have to ask for it.
- Yes it’s safe.
- Extremely good. They cover your in-laws as well (if you’re married)
- Yes, I’ve met many people who’ve retire from Ericsson having served their entire life in Ericsson
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