General Motors – “Beware!”

Pros

I can't think of too many right now, due to their dire financial situation. About ten years ago it was a decent place to work. Competitve pay, good benefits, profit sharing, lots of vacation and holidays.

Cons

Everything right now. It is looking like they are heading towards bankruptcy. There are massive cuts coming in the salary ranks. Those that are left will be taking pay cuts. Our benefits have been getting cut the last several years. We have only had one pay raise in the last five. It is not a fun place to work right now. Advancement has always been pretty poor, unless you were related to someone or knew someone higher up.

Advice to Senior Management

Look at the long term view of the company. In all my years with the company, everything was always looked at in the short term.