Pros
free coffee and popcorn (no need for fiber supplements), great parking when it was an okay company they paid for college instructors to come in after hours so interested staff could earn college credits. no more. now, to throw a bone to employees they aren’t going to promote they have an internal leadership class. it gives the restless a sense they’re doing something to improve their chances of promotion but means nothing outside of the company (try taking some college courses that actually translate to the real world and real opportunities elsewhere. stop drinking the koolaid.).
Cons
the newest initiative is something they call “right sizing”. what this really means is laying off tenured employees and replacing them with ones making half the salary (with little to no experience). the wages for the employees is going down while wages/bonuses for the CEO and upper management is increasing. the strategy is to churn the labor force, keep them fresh and underpaid. the labor force, in their eyes, is replaceable. there is no longer value put on hiring and retaining qualified and knowledgable staff (or continuing to develop the current staff) who ask too many questions and have the audacity to expect things like loyalty, opportunity and a competitive wage. this current management team continues to experience wage and bonus increases though. the portfolio is dwindling (meaning less money) and they’re getting raises? come on.