Koch reviews

3.7

66% would recommend to a friend

(1,837 total reviews)
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Charles G. Koch and Dave Robertson

79% approve of CEO

63% positive business outlook

Koch has an employee rating of 3.7 out of 5 stars, based on 1,837 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Koch employee rating is in line with the average (within 1 standard deviation) for employers within the Energía, minería e infraestructura pública industry (3.7 stars).

Reviews by job title

2K reviews
3.0
Jul 20, 2015

Not sure I would go back

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Lots of good people that you work with. If you have the right manager, no micro-management, overall Koch Industries is a great company to work for. Being the IT hub for the other Koch companies, there are a lot of opportunities to get in to new areas of knowledge.

Cons

KBS has a hard time following the KII Guiding Principles, especially when it comes to compensations practices. Has no problems overworking employees and letting them burn out, and not compensating accordingly. Bonuses are nearly non-existent, raises very minimal. If you are specialized in new emerging technologies, definitely be prepared to NOT be compensated accordingly. They have NO idea how to compensate, so will rate you against irrelevant job roles. After 10 years working for KBS, I have NO IDEA where KBS comes up with their compensation scale, because it is not in line with market, or is on the LOW end. One shouldn't have to have an offer from another company (internally or externally) in hand for them to 'miraculously' find that your value is worth THOUSANDS more than what they are currently paying. We are not dumb, we know what our job pays elsewhere, we know when we're being screwed.

5.0
Jul 18, 2015

Systems Analyst Senior

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great collaboration with team members. There are so many wonderful people who work at Koch, people of integrity and creativity. Much is expected of each person. The MBM principles are fantastic, even better when followed consistently. The opportunities for personal growth are there. Taking calculated risks in not discouraged. Mistakes are not penalized. Change is a regular part of the territory. The company cafeteria is great.

Cons

The workload is enough for at least two people. Filling open positions takes an enormous amount of time. Management approval for projects takes a long time. Communicating large changes from management to others isn't always polite; lead time is needed so everyone can get on board.

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Koch Response
10y
Thank you for providing feedback as I really value hearing from our employees. First, you hit it right on the nose as far as we have some great people here at Koch, and the culture and opportunities are what makes us unique as a business. I would echo your sentiment on the Wichita cafeteria as well! In regards to your experience as we continue to grow and expand our company, we have seen some growing pains along the way. We are working hard to ensure that as we scale up, communication is a priority. There are many ideas that we have for improving internal communication and we will continue to push forward on those. I was disappointed to see that your experience in regards to our compensation philosophy has not been either explained or applied in a way that feels right. I was very glad though to see that you connected well with how we ideally look to reward employees. The objective of our approach to compensation is to motivate employees to maximize their contributions to long-term value creation at our company. We do this by attempting to replicate some of the ways incentives work in the marketplace. Entrepreneurs are rewarded by being allowed to keep a portion of the value they create in society. Likewise, our philosophy is to pay our people based largely on their total contribution to long-term value creation at our company. We work hard to continue to apply this effectively in all areas to help motivate employees, align the interests of employees and the company, attract and retain highly productive employees, help every employee achieve his or her greatest potential and to create a culture of entrepreneurship. I would encourage you to follow up with your supervisor regarding your observations if they are not in line with what I have described above. We can only get better if we continue to reflect on our approach and adjust as needed. Thank you for sharing your feedback and for helping make us better! ~Greg Joerg, Vice President, Technology Solutions for KBS
3.0
Jul 13, 2015

Could be so good

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Koch Industries Market Based Management makes so much sense because it's common market principles utilized within the company. Every department provides services and uses an internal chargeback methods that encourages efficiency, comparison against markets, and transparency.

Cons

Leadership at KBS specifically seems to be lost on how to appropriately implement MBM. Decision Rights are not pushed down to the appropriate levels. Management still leans towards an old-style command and control environment. If you want to go anywhere significant in Koch Industries, you need to be in Wichita. Everyone else is treated as less than priority.

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Koch Response
10y
Thank you for your feedback! You are right about Market Based Management and it truly being our competitive advantage in the market. The holistic approach of MBM has guided us through so much growth and change. It is something though, to your point, we have to nurture and apply to continue that success. We are dedicated to continual improvement in our learning and application, and we are learning every day. As far as you feeling less important being outside of Wichita, I can only say we must work to change that if that is a feeling from our employees. We are a global business with employees all around the world who should feel valued regardless of location. I manage a team remotely today and have not felt that disconnect, but realize how hard it can be in a mobile workforce to be face to face as often as we would like. We continue to evolve in this area and have some initiatives around increased collaboration and knowledge sharing as we head into the future. I am thankful that you took the time to share your thoughts so that I and others can reflect on it and continue to improve. Best of luck in your future endeavors! Katie Schuckman Talent Acquisition Manager
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