Pros
Bare bones compensation keeps the lights on, I guess.
Cons
Wow. Where to start. People are leaving left and right after a blatant cash-grab compensation model was rolled out. Uncompetitive even if you hit targets, but bleeds you dry if you’re an ounce short. What was once a a friendly work culture has been stifled into oblivion by upper management, and weak managers who do nothing but relay ever-changing demands from their own managers. It’s a weak hierarchy with brown-nosing and politicking being rewarded. Some of the worst hires over the past 8 months I’ve seen in my professional career. Really goes to show that if you are a yes-man (or woman) you can really just weasel your way into any role. All your LinkedIn fluff is pretty embarrassing to anyone else looking at your resume, and you need to know that. Even when bluntly asked simple questions on glaring holes in the company, management gives non-answers and walks away with hopes that it won’t be brought up in a shareholder meeting. That’s all they care about, despite the stock price obviously reflecting the lack of confidence from shareholders. Oh, and if you speak out about being underpaid or the company being ineffective, you’re more likely to get fired than receive a response. The parallels to this company and the show Severance are terrifying and hilarious. There’s so much more from the unaddressed points of an employee survey to management saying they’d repaint the office walls (of the office they didn’t close…) to help build culture. Total disconnect from reality like you’d expect from a bunch of executives that haven’t spoken to their employees in months. They just keep writing their own salaries, so they’re fine with it.