Photonic-Corp – Los Altos, CA
One of the cornerstones of PhotonIC Corp.âs pioneering technology is its development of novel optical interconnect architectures that promise to… Photonic-Corp
- Comp & Benefits
- Work/Life Balance
- Senior Management
- Culture & Values
- Career Opportunities
I worked at Photonic Corporation full-time (more than an year)Pros
Great value is placed on pure research.Cons
As advertised to me, PhotonIC was supposed to be the commercial arm of APIC corporation, which is a defense contractor. In reality, it is simply part of a spiderweb of companies (APIC, PhotonIC, AIP, PhotonIC India, etc.) all owned by the same person. There is no meaningful board of directors to which the CEO is responsible. No VP-Marketing, VP-Sales, or VP-Engineering. No visibility into company operations or finances. The CEO has made himself a single point of failure for everything. This is not run as a company, but more as an academic department. A "Vice President" is simply a principal investigator who has won a government defense contract. Each VP runs his/her own fiefdom.
Salaries are at lower, government sector levels. There is no equity program, and there are no bonuses. Even if stock grants were made, it is unclear what you would actually own, since there is no separate board of directors, and companies are spawned and merged every year. Prior to 2014, less than 50% of the premium for health insurance was paid for an individual employee. The 401(k) plan is decent. Although matching was promised, a mass layoff occurred shortly thereafter.
Also strange is that each employee must keep track of their time spent. This is true even for full-time, exempt professionals. Time sheets (the arcane stuff of government or shift-work) are required each week.
The IT department is only knowledgeable in managing Windows systems.Advice to ManagementAdvice
Reorganize, delegate responsibility, and focus on a single money-making project.
Alternatively: retire.Doesn't RecommendNeutral Outlook