GE

  www.ge.com
  www.ge.com
There are newer employer reviews for GE

 

No bonus

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Anonymous Employee in Minneapolis, MN
Current Employee - Anonymous Employee in Minneapolis, MN

I have been working at GE

Pros

Relatively stable, educated workforce, good namebrand.

Cons

No bonus, too much "off-shoring" of manufacturing.

Advice to ManagementAdvice

Provide bonus based on margin/revenue as individual contributor, not as dependent on biz.

Recommends
Approves of CEO

2715 Other Employee Reviews for GE (View Most Recent)

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  1. 1 person found this helpful  

    GE has lost it's way

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Marketing Manager in Stamford, CT
    Former Employee - Marketing Manager in Stamford, CT

    I worked at GE

    Pros

    The GE Benefits package in it's entirety remains a solid positive for this large conglomerate. Specifically the pension plan plus the 401k including a 3% employer match are very good parallel benefits. Their Health care program is as good but probably no longer better than other large capitalization stocks.

    Cons

    The Board of Directors of GE and it's 400 officers have systematically damaged the Value as measured by market capitalization ($400BB to $200BB over 11 years) and Reputation of this once great company. The reputational damage can be objectively assessed by looking at the dramatic drop in the Barrons annual rating of the Most Admired Companies where GE dropped from a consistent ranking as #1 to their most recent ranking as #78. This fall from grace has occurred with the vast majority of Sr management and Board of Directors held in place. An amazing example of the lack of integrity and responsibility of the BOD and equally appalling lack of accountability of it's officers.

    Advice to ManagementAdvice

    Results Matter. Start this change with your HR department. HR presently dominates this company in a way no one truly understands and this may be why we are in such a state of array where personal relationships are more powerful than a persons capabilities. HR has eliminated the Candor that historically personified GE's culture. Specifically, HR eliminated the meaningful employee survey that allowed for employee feedback and replaced it with a useless set of guided multiple choice questions which prevent employees from discussing the topics that actually matter. Reinstitute a meaningful survey to give a voice back to our employees.. it may be tough to read by the Sr leadership but it's what's needed to get the hearts and minds of the employees back. Also, HR should henceforth never be allowed to be featured in a glitzy Business Week cover stories to share their view of the world.. as unfortunately their view it is wrong headed and self aggrandizing.

    In conclusion: Results Matter. A new Leader and Team are needed to start achieving bottom up results and to accomplish this, the wholesale dismantling of the HR empire must occur before GE can rise again.

    Doesn't Recommend
    Disapproves of CEO
  2.  

    GE, Lost its way?

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in Albany, NY
    Current Employee - Anonymous Employee in Albany, NY

    I have been working at GE

    Pros

    - Diverse work in many businesses, is easier to translate skills from one to another
    - Lots of on-line training courses available, if time to take them
    - If you succeed as a manager in GE, can do well in most any company

    Cons

    -TOO lean in almost every business section. Push whos left to meet financial goals with less and less support. Normal managers work week is 55+hrs if you are to succeed, more normal 65+ hrs.
    - Corporate Arrogance, some times forgets customer
    - Do more with less, makes cuts in name of six sigma until failure then takes years to correct.
    - Lost focus on life/work balance, talk a good game but no actions around allowing more normal work week.

    Advice to ManagementAdvice

    Seems to have lost their way, GE has forgot it's core compantancies. Stock price has not increased in 8 years so leadership is not in touch with wall street or investors. Doing the right thing for the right reason is harder to find evidence of in most cases. Taking care of people are taking a back set to bottom-line financial plans, more concerned with double digit profit each quarter instead of focusing on long term performance. Seems to have a short term focus selling off non-profitable parts of the business at rock bottom instead of early in the down slide is more the normal in the past 3-4 years. I know we are smarter than that

    Doesn't Recommend
    Disapproves of CEO
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