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I have been working at Precision Castparts full-time for more than a year
Pros – My department had some great people
Cons – The benefits are terrible here. Their healthcare options are expensive but not good. The 401k match is a joke (a % on a % of your salary. Comes to about a 1% match). There's no maternity leave (didn't affect me, but shows a lack of respect).
From what I've seen, the company culture from CEO down is all short-term goal driven. If we don't meet our targets everyday, we get yelled at (I mean literally yelled at). When I have repeatedly explained to management that short term goals could be met only by negatively impacting a future result, the answer was "Do it. We won't be here to worry about that bad result if we don't make our numbers now." I cannot abide making small, short-term gains at the expense of huge long-term losses.
Management (at my location and the Sr management that has visited) has absolutely no respect for their employees. I've seen screaming and swearing on an almost daily basis (in an office environment!). On top of that, there is a built in level of misogyny. One manager in particular demonstrates egregious sexist behavior daily.
Note that most of the positive reviews of this company are from Leadership Development Program participants. These people see a more protected side of the company and are frequently encouraged to write positive reviews to boost the company's image.
Advice to Senior Management – Respect your people. If the bottom line is #1, then you should work hard to retain your good employees. Anyone who is good at what they do here is looking for another job. Replacing people is far more costly than offering good benefits and developing a positive culture.
When you are lucky enough to get a well-educated, experienced, driven and intelligent employee instead of wearing them down until they burn out and quit you should reward them, respect them and do everything in your power to keep them happy.
Turnover in just my department in one year was 120%.
No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company
2013-09-27 12:56 PDT
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