Pros
401(k) match at 100% up to 6% is great. Golf discount is excellent. Company has large community profile. Company has a nice Christmas party, summer picnic, and is fairly generous in the community. Stable company.
Kontras
Human resources should pretty much be relabeled "management resources." Constant management restructuring that leads to power struggles between directors. Retiree positions and directors often come from outside the company, leaving little room for professionals to move up. Non-union workforce with union mentality. Pay is never "negotiated." It is based on salary bands that you automatically start at the bottom and work your way up. Raises not guaranteed. You are expected to "pay your dues" for years. Older workforce will lead to an information gap eventually. Since the defined benefit pension was eliminated and there is no mandatory vesting for the 401(k), there is no incentive for long term tenure. Many of the younger people are getting disillusioned and leaving for better opportunities. The Life & Health area is struggling, except for pensions. After firing all of the captive agents in Consumer Products, they haven't developed a legitimate sales system. Only life products they sell are an overpriced term product and a poor whole life product. Health plan is terrible. You might as well not even have insurance. High employee contributions + medium deductible = bad policy.
