Weyerhaeuser – “Good at the Mill level, not sure where Corporate is going.”

Pros

Good people to work with
Local Management is trying hard to make it a safe and enjoyable place to work

Cons

Corporate leadership has taken questionable steps:
-Sold off or shut down large portions of the company.
-Implemented Salary/Wage freeze, Suspended 401K match, Suspended Bonus program, but senior leadership still received stock grants.
-Tranistioning to reduced medical & retirement benefits in 2010 - placing more burden on the employee.

Advice to Senior Management

1)Lead by Example. It will be easier for employees that actually do the work to stomach necessary cuts if they see the same cuts being taken by senior management team.
2)What is the vision? Will the company soon be a REIT or will it maintain its manufacturing role and assets?