What it does: Produces advanced materials and specialty chemicals.
Best known for: Producing a range of products for use in vehicles, planes, batteries, medical devices, sustainability, and the oil and gas industry.
Staff Stats: 30,900 people in 62 countries.
The good bits: Great pay and benefits, flexible work shifts.
The not so good bits: Safety standards which require some improvement, micromanagement.
Solvay was founded by Ernest Solvay and his brother Alfred Solvay and was incorporated in 1863. The Solvay was the largest multinational company in the world before World War I. Formally, it was involved in the pharmaceutical industry but sold its entire division to Abbott Labs in September 2009. In April 2011, Solvay acquired a French-based chemical company named Rohida for 3.4 billion euros. In 2013, with the acquisition of Rohida, the executive members of Solvay reorganised its business operations into five segments - Advanced Materials, Consumer Chemicals, Functional Polymers, Performance Chemicals, and Corporate & Business Services.
Candidates can apply online or create a candidate profile. Graduates with the most relevant skills and experience are invited to an in-person interview. If selected, a candidate is made an employment offer within two to four months. Solvay’s intensive rotational development program, Foundations For the Future (FFF) can be a valuable opportunity for new graduates who are willing to expand their horizons.
Instead of hiring from outside, Solvay focuses on promoting their own people who are already aligned with their value proposition. The company has implemented a people-focused culture and claims to help its personnel reach their potential.
Solvay offers above-average salaries to freshers, as well as health and savings plans at levels similar to other organisations in the industry. The company pays double for overtime and triple on holidays. According to salary data, the annual salary for a fresher as an Associate Research Scientist starts from 8,91,000 INR and it is around 14,00,000 INR for SAP Consultant.
Solvay launched an initiative, Sustainable guar, which aims to improve production yield by empowering farmers with transformative tools and knowledge.
If you need a job to pay your bills, Solvay is a place for you. They undoubtedly pay better than average but note that employees are asked to work overtime, which can be stressful. It’s claimed that there are issues regarding employee-manager relationships on some sites.