Oracle

  www.oracle.com
  www.oracle.com
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2 people found this helpful  

Sometimes it's pleasant and most of the times it's frustrating with no salary increases or bonuses for multiple years.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Financial Manager in Rocklin, CA
Current Employee - Financial Manager in Rocklin, CA

I have been working at Oracle

Pros

Easy going environment and dress down days on Fridays. I have a very short commute that makes it hard to change my job. Most of their benefits are pretty good, except their 401k and their vacation days.

Cons

I've been at Oracle for 10 years and out of those 10 years, 6 of those years had salary freezes and bonus freezes. I was hired in at a salary and worked 70+ hours a week. I made less than minimum wage, if you factored in the overtime. I finally received a $2k raise 3 years later. I left the company after working there for 5 years and when I was rehired they had another salary freeze for 2.5 years. You just never know if you will receive a salary increase. Even if you are promoted. The vacation hours max out after 3 years, so there isn't much of an incentive to stay after 3 years. They really should look at changing that. Most companies have tiers. Oracle has 2 tiers. The first is 0-3 years and the other is 3+ years. When they have the salary freezes and you receive a raise for the first time in 3 years, it will only be one year worth of a raise, so you are constantly behind in salary. I'm so far behind in salary that it's not even funny. I'm a manager and just hired someone new to Oracle and they only make a little less than I do and with their over time, they could exceed my salary. That becomes very frustrating when you've been there for 10 years and work more hours than a new hire and don't receive the compensation.

Advice to ManagementAdvice

Please take a look at the vacation tier and consider increasing it for people who have been there for several years. Currently, there is no incentive for staying there for more than 3 years. Also, consider matching the 401k up to 6% like most companies. In addition, consider giving small pay raises instead of getting rid of them all together and look at other ways of cutting cost like getting rid of the free beverages.

No opinion of CEO

6186 Other Employee Reviews for Oracle (View Most Recent)

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  1. 1 person found this helpful  

    Potentially great company bogged down by processes and incompetent leadership

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Development Manager in Redwood City, CA
    Current Employee - Software Development Manager in Redwood City, CA

    I have been working at Oracle

    Pros

    Flexible hours - usually able to take ad-hoc ptos
    Large product set for wide experience
    Ability to work on large projects, challenges.

    Cons

    There are no/minimum raises
    Too many groups setting requirements creating massive confusion and frustration
    Management lacks backbone to do the right thing
    Too much hand-waving
    80% of people defer a request to someone else, very few true contributors
    Changing expectations/releases - new processes introduced which no one understands
    In-breeding: folks promoted from within and asked to make progressively more important decisions. People respect the new titles and do not question the clearly erroneous decisions that come from lack of experience.

    Advice to ManagementAdvice

    Stop saying 'this is just the way things work here', meaning especially the problem with compensation. Get with the rest of the valley or you'll never retain the high performers. Also, get rid of the incompetent employees. Oracle seem very content on carrying dead weight but infinitely resist adding relevant resources.

    Doesn't Recommend
    No opinion of CEO
  2.  

    Excellent experience and training from Sr. Director level.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Manager in Boston, MA
    Current Employee - Manager in Boston, MA

    I have been working at Oracle

    Pros

    Training on the latest software. Business management training and opportunity for hands-on practice management without losing technical skills are both excellent.

    Cons

    Practice managers are non-technical primarily. This results in over selling of deliverables and consequent project failure. On the other hand, they are not reluctant to back track to proven project approaches. They do not give in to the technique of the month club without a backup plan.

    Disapproves of CEO
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