Pros
Very stable company with long history of growth. Very broad, unique, high tech product lines with historically only handful of meaningful competitors. Great international footprint with wonderful opportunities to work with and learn from other cultures and business landscapes. Very friendly and cooperative culture, especially at the employee to employee level. Very complex company with never ending challenges so great place for those that want to be challenged and to learn. Great resume builder for 2-3 years
Cons
Employee development is awful. In the last 15 years HR has been a revolving door with VPs because the CEO gives them no power. And overall, the company is very autocratic. Very smart and capable 'sector VPs' are puppets to the CEO when it comes to employees and their development. Promotions are very few. Raises are very low. The company clearly would rather higher new talent at 40 percent higher salaries than promote from within. Not that they don't promote from within. But it's very few cases, it's always only someone on the CEOs small list of liked people. With that said, new opportunities for advanced roles and responsibilities are pretty good. You'll just work more hours and keep the same salary and title. The CEO thinks people will stay for 10 years because 'the company is doing well'. Also, the independent business unit concept doesn't work well. There are 50 business units and the CEO has taught them to focus on their own business and not the greater good. On paper, the independence sounds great. In practice the CEO is in denial about the poor non unified culture it fosters.
