Pros
Solid business, strong balance sheet, tons of cash, work life balance
Cons
The recent changes in employee compensation and benefit have been very demoralizing - Take company performance out of individual contributor's bonus calculation - Take away 6% pension to match market practice without compensating employees in other areas ( e.g. equity award, which is also a general market practice in bay area) - Raise health care expense 15-20%. - No salary raise (inflation adjustment), not even for the promoted ones. This is particularly hard to understand when the company is doing fine financially and has invested heavily in a lot of business deals, initiatives and office expansion/renovation projects in expensive areas. It's even hard to understand when senior executives have increased investment the corporate jets/hangar and c-level executive just received multi-millions sign on bonus. It's very sad to see the company deliver such a important change via an email and made little effort to mange the change process other than limit the annual enrollment meeting to a conference room that can seat no more than 40 people so there won't be hundreds and thousands angry employees gather together and fight on this topic.
