3.0
Dec 2, 2012
Large Pharma operating as a small family owned company
Current employee, more than 8 years
Recommend
CEO approval
Business Outlook
Pros
Unfettered access to high levels of management; Feels personal; family owned - provides some sense of job security (not be merged or acquired); conservative nature; ethical and values driven;
Cons
Weak HR and poor talent management; pay for high performers lagging behind industry leaders, key promotions in general not based on solid experience or a consistent track record of performance, no consistent way of recognizing good performance or behaviors, no direct accountability for people development, no decisions (the important ones) allowed below the board level, poor cross functional alignment, weak collaboration between the US and corporate; profit sharing restricted to an exclusive few (less than 1 percent of employees)