No money for employees but plenty to buy other companies - Anonymous employee Schneider Electric Employee Review

Great pay and benefits, lots of opportunity for growth.

Lots of site work, it could be construction or different places frequently.

6% 401K match, no vesting period

This used to be a people-focused, high values company with integrity. Today it is prioritizing short-term financial targets at the direct expense of the employees. The business is profitable, but leadership is demanding that’s it’s not profitable ENOUGH (for the rich people). Employees have become numbers on a spreadsheet. Over the past year, the shift has been especially noticeable in the U.S.: * Return-to-office mandate (2–3 days per week), including employees hired as remote. This includes Big Brother like badge tracking and monthly attendance reporting. * Only one month’s notice that unused PTO would no longer carry over. Use it or lose it. * Elimination of the employee recognition financial rewards program. * Layoffs every six months, creating ongoing uncertainty. * Incentives for long-tenure (old) employees to resign. If you’re considering joining, go in with realistic expectations. The company still has talented people and good products, but the employee experience is no longer what it was. Job security, flexibility, and employee goodwill no longer feel like priorities.