Pros
- Sizable bonus - Generous 401k - Decent medical insurance - Employer works with employees to reduce the healthcare cost - Good work-life balance - HR organizes fun activities like Turkey Bingo or Harvester Fest to boost morale. - Good amount of paid holidays - Nice cafeteria with unlimited coffee and tea - Reverse osmosis water filtration machines throughout the building
Cons
- Low morale. CNHI does not give merit raises. Your base salary remains the same year after year unless you get promotion. - There is no guideline on promotion. It is typical for employees to remain at the same pay grade for many years. - The annual performance review forces a certain percentage of employees to be Low Performers using a 9-box model. Low Performers do not get a bonus. It is the upper management and HR who dictate your final scoring number, not your manager. - There is not a technical track for technical people like engineers. Not everyone wants to be or suitable to be managers. - Older employees tend to stay. It is hard to keep younger employees around. - Upper management puts too much emphasis on quarter to quarter financial performance. The decisions made are very short-term minded such as reduction in R&D spending. - The hourly budgeting system (Dante) creates unnecessary work. I need to charge my hours somewhere. So, I need to persuade my internal customers the importance of the projects even though I don't think it adds any value to the company.