Used to be a very competitive place. Has fallen down a little bit. - Tool And Die Maker Molex Employee Review

3.0
3 Apr 2023
Recommend
CEO approval
Business outlook

Pros

Co-workers are great, very diverse place to work.

Cons

Unfortunately since Koch acquired Molex, Molex has fallen down a bit. They took away pension, took away employee stock purchase plan, bonuses are spotty along with raises. Most employees have not gotten a raise or bonus in 5 years and counting. Turnover is increasing. Didn't give any vacation for an entire year.

Explore other reviews about Molex

5.0
8 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Molex is a great community. There are a wide variety of professional employees to network with. It is a very large company, but a small community.

Cons

Decisions from upper management, do not always trickle down through the organization. Not all of the departments follow the same guidelines. Case in point is remote working. different groups have different allowances. It is a small thing, but an area that could improve.

2.0
6 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Benefits are very good for a company this size

Cons

Team is run based on last minute requests and on a lot of meetings to join leaving little time for your usual work. Director likes to devise “innovative” ways to get sales to give more information but instead it translates to chaotic management and more stress for demand planners. There are a lot of stress placed on leads for not getting their teams to get to unrealistic goals with an unsupportive sales team. There are hardly any consistent reviews for employees but it’s not unusual for employees themselves in PIPs. Overall I would say it’s a chaotic management style in this team. Pay hits industry average but not much more. Additionally there is an overemphasis on being in the office in this company because they recently invested millions in renovations so they track your badge swipes. There are really no company wide events to get people more unified other than a quarterly CEO town hall that managers force everyone to attend.

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