Pros
As a closely-held business, we are able to make decisive business decisions that balance short and long-term goals, and are not encumbered or distracted by bureaucracy and/or multiple stakeholders. Annual salary increases appear to be made with an effort to stay competitive with the local job market. Excellent benefits (100% of HMO premiums are covered), and 401K matching is very good. Turnover has been relatively low. Several long-term employees provide stability and consistency. Employees seem to be proud of our products and the way we do business.
Cons
No formal bonus plan. Bottlenecks occur because the Owner/CEO is heavily involved in operations. This can be challenging at first, but people learn how to manage expectations and prioritize issues.