Pros
-very nice coworkers
-company sponsors a ton of internal training
- internal switching around jobs is encouraged- that is awesome
- management tries to give anonymous surveys and do R2D2 efforts to help the company
- if you work hard and manage time well, you can get away with regular 40-45 work hours most weeks
- people willing to help and answer questions
Cons
- very slow.. HR is slow, parts take forever to get ordered.. things to be expected of a larger aerospace company
- moral is SUPER low currently. Most of my group is depressed with the current job, where the company is headed, and our career opportunities at Loral
- management doesn't know how to make company more efficient
- unfortunately we don't get bonuses or raises, although it's a possibility this year
- company doesnt recognize people too often. If you do well, you get more work even if you are newer to the group
- performance-based bonus, if given, is based on how many years you've worked at Loral (what sense is this making?)
- Pay low, benefits keep slipping every half year something major gets cancelled (worsen plan for glasses and PPO medical plan this round..)
- before major layoffs, severance package is usually worsened
- no innovation at all - it's unfair to blame the company here, as this is primarily driven by the customer (everyone wants proven parts)