Pros
The team: I worked with a nice team of people, which is a huge plus for any working environment The perks: P&G has some nice perks, not top notch, but acceptable. Work-life balance: In Spain, this was quite good compared to other companies where people work until 9 pm.
Cons
Bureaucracy: In P&G you will spend 90% of your time justifying the things you did or the things you want to do, and only 10% actually doing something that adds value to the customer. Sometimes, you end up doing things that add value to P&G but not to the customer, and I think that is a huge mistake. Customer should always be first. Senior management: I would say they were very very unprofessional handling some situations that occurred when I was working there. Some managers are great in politics but terrible at managing people. There is a constant fight for visibility that dilutes the great culture the company promotes. Market: Private label is catching up. The business model P&G uses in developed countries is obsolete. While the company can still grow in places such as Asia or Latin America, it needs to reinvent itself to justify the constant price increases. Customers are not stupid, if you sell your product at 4 times the price of that of private label and the quality is very similar you will eventually be in trouble. Innovation: When was the last time P&G really innovated? Long time ago. The problem with the FMCG industry is that innovation is not easy. There is only so many blades a razor can have. Even when it finally occurs, it is extremely easy to copy. Private labels react accordingly. All in all, I strongly advise you to avoid this company, especially in Europe or the US. The market is not looking good, people are very pressured for unattainable results, innovation is non existant and management are more focused on climbing the ladder than on developing the people they have below.