Pros
Despite being a huge company, you have the opportunity to work with highly driven people all the time, regardless of the context or project. It seems that everyone wants to push the company forward, all the while doing it as responsibly as possible. It's highly inspiring. If you pass the highly selective interviews, it means in 99% of the cases that you will fit perfectly at P&G. Almost everybody is driven, interesting, and could be your friend. They recruit a personality more than they recruit for skills, the reason being that they want you to spend your entire career here. Despite being a huge global company, it does not feel like there is a very strict hierarchy. You are exposed to very senior management very early on, and you will be encouraged to speak up to them in meeting to expose your ideas. Career planning is done early on, and is based on your personal interests after discussing with your manager. The goal is for you to growth within the organization. Expect to change roles/location every 2-3 years, have loads of training based on your interests (external e.g. Google/Microsoft.. or internal), network internally a lot etc.. Since P&G wants you to grow within the organization, they make it possible to change roles/location often (~every 2-3 years), you can even do wild changes (e.g. switch from IT to brand management) if you wish so, and you aligned your career plan. All around great career opportunity, and you will not get bored. The compensation package on a local contract is usually very competitive by design. P&G benchmarks the industry salaries every couple of years, and aims at paying in the top 20%, to attract the best people. Aside from the salary, the benefits are numerous : great offices, canteen, great and young colleagues that'll grow to become your friends, stock-based compensation contribution from the role of Manager etc.. This is originally a marketing company, and as an engineer joining the EMEA HQ, it-s great to be exposed to such an extensive knowledge base among your peers. Most people come from the best business schools across Europe, and you can easily ask someone from senior management for a coffee to learn more about what they do (in fact, doing this is almost expected of you). They will be very keen on explaining their work/P&G business. Overall P&G built the right management culture with little to no-micromanagement ( you have loads of freedom and autonomy to drive your projects), and an attractive compensation scheme and environment, which in turns attract the greatest, most skilled and driven people. I think P&G is uniquely positioned to tackle the challenges ahead. Even more so after having worked and talked with people that used to work for the wider or for the direct competition. It is one of the very best company globally to join as a fresh graduate, speaking from experience. And 95% of the hires join as fresh graduates, therefore you'll never be alone, and you are joining a company full of young people!
Cons
People are very approachable, and hierarchy is really just a title that people have. However, the structure is very rigid, and advancing fast is not really an option at P&G . You can easily get stuck at some management level for years (although you'll be changing roles/responsibilites within the same management level during that time). At times, promotion seems to take forever to come, even if you give it your best, and get rated top of your peer group. My Manager has been in P&G for over 15 years, and only had 3 promotions, despite being highly respected among his peers. Which is due to the few amount of manager levels (~6 Bands, you start at Band 1). Despite having put in place some recognition for the achievement that you drive (awards mostly), it feels like achievements are not recognized for your advancement since it is slow by design. Therefore most people that leave the company do so because they end up being stuck at some management level for too long, while receiving juicy offers to join other companies from head hunters. As an example, after 3 years at P&G, a colleague received an offer from another company with a bump of 40% in salary, and a career advancement that would have taken him 5-7 years at P&G. Also something to consider are experienced hires. P&G is a company where everyone used to join as a junior hire. And the company is still very much optimized for this. When you are offered a position as an experienced hire, expect to be offered a disappointing salary upon joining. They expect you to prove yourself, and you could easily get 2-3 salary raises during the first years, but it'll take some great work from your side, and negotiation with your manager. Despite this, experience pre-P&G will usually be recognized less than your P&G experience.