Textron reviews

3.8

83% would recommend to a friend

(182 total reviews)
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Scott C. Donnelly

69% approve of CEO

65% positive business outlook

Reviews by job title

182 reviews

Reviews about "Compensation"

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2.0
May 18, 2019

Not Great

Recommend
CEO approval
Business Outlook

Pros

- Work/life balance - They make cool products so if you're in engineering I'm sure the work is interesting. - If you aren't a change agent, or you like "old school" this place will fit you well

Cons

Note: All of my cons are limited to their finance function - The function is run by an old boys club that is very much stuck in their ways. Many individuals in the upper ranks are sexists. - During the hiring process, the firm is sold as one that embraces change and is innovative. However, most employees and management hate automation and fear technology. - Pay is significantly below the market rate(as an FA expect 60-65K as an SFA expect 68-70K, as a manager in finance expect 85-90K with only a few breaking 100K after many years of merit increases) - The company will promote you but you have to be willing to relocate to undesirable locations (ie: Wichita, Augusta, Thief River, Providence) - The performance review process is binary. They say they run a scale of 1-5 but in reality, almost nobody ever gets above a 3 or below a 2. If you get 2 it means your on the chopping block, if you get a 3 yours in line with 95% of the rest of the Org. It's done this way mainly to keep budgets intact and to avoid giving higher raises. - The above performance measurement system results in many employees that should have been fired or improved their performance from feedback staying employed and clogging up processes. - Merit increases are only slightly above inflation even for well-performing employees(typical is 2.75%) - Bonuses are not available for employees below the manager level. - The culture is very much a 9-5, " I do it this way because I've always done it this way" or an "I want simply don't try and innovate" type culture.

3.0
Mar 29, 2019
Recommend
CEO approval
Business Outlook

Pros

Work life balance is good, opportunity to move between various companies

Cons

Compensation is low compared to market

4.0
Feb 18, 2019

Analyst

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Exposure to senior leadership and good work life balance

Cons

Pay scales tend to be lower than industry

Viewing 133 - 135 of 182 Reviews

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