Cisco Systems

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3 people found this helpful  

Benefits don't outweigh compensation shortcomings

Marketing Manager (Former Employee) San Jose, CA

ProsCisco develops cutting edge products and implements them internally often making employees beta users (fun and frustrating). Encouraging early adoption of new technologies benefits employees by making them savvy tech users across a broad range of technologies compared to peers. Working for Cisco commands a lot of respect from people outside the company. You have great 24-hour global emergency support whether you're on business or travel.

ConsThere's been a steep, and documented, decline in compensation in last 10 years. No raises unless you're promoted. Promotions are limited to approximately 15-20% of the workforce and are a 12-18 month cycle once your manager gets you in the queue. Couple this with the elimination of stock options for the majority of employees who are rated as meeting expectations (around 60% of the workforce) and uncertain bonuses means you lose money staying at Cisco unless you're on and stay on the promotion track. It's no secret that Cisco has a substantial chunk of cash which it keeps off-shore to minimize US taxes. While "good" for the bottom line this strategy also penalizes US employees because it keeps the pool of money for promos and raises small. The hours are relentless regardless of your role. It's not unusual to receive emails from peers in your time zone at 11:00 or 11:30 pm. There's subtle pressure to respond to emails from peers in other regions during their workday a.k.a. your evening. Working partial days on the weekend isn't uncommon and working Sunday evenings is standard. Training and education is under-funded. I was not approved for any professional training in the last five years of employment at Cisco.

Advice to Senior ManagementTrain your managers so they are professionals. I had more bad than good managers ranging from micro-managers to hostile work environment liabilities. Bad managers are protected which drives off good employees. Pay employees, especially those in the US, a better wage. The line that employees benefit from Cisco growth and profitability is no longer true because there are huge inequities in the distribution.

No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great place to build a career

    Director (Former Employee) San Jose, CA

    I worked at Cisco Systems full-time for more than 8 years


    Pros: Excellent co-workers, great work-life balance, excellent opportunities for growth if… Cons: Hsa become quite slow in making decisions Yes, I would recommend this company to a friend More
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    i'm humbled to work with such smart people with a supporting attitude

    Technical Marketing Engineer (Current Employee) San Jose, CA

    I have been working at Cisco Systems full-time for more than 8 years


    Pros: 401K contribution, daycare pre-tax reimbursement, health pre-tax reimbursement, company contribution to education/ training and even grad school. Peers are always happy to help… Cons: silo'd division of business units challenge the ability to create a consistent marketing message. Over the years, lost the… Advice to Senior Management: Enterprise is still where there is lots of revenue but in this economy, expand your… Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company… More
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