4.0
Mar 28, 2023
Former employee, more than 3 years
Recommend
CEO approval
Business outlook
Pros
The company may attract employees who are motivated by the opportunity to work on interesting and diverse projects, rather than just salary increases and promotions.
Cons
Employees may become demotivated and feel undervalued if they do not see any opportunities for career advancement or salary increases. 1) The company may struggle to attract and retain highly skilled and experienced employees who are looking for opportunities to grow and develop their careers. 2) The company may struggle to compete with other companies that offer more competitive compensation packages, leading to a higher turnover rate.