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I worked at IBM (More than a year)
Good people to work with, great working atmosphere, nice starting job for experience.
Company lies regarding career development and salary growth. Let me warn you, once you enter with your base salary it will NEVER EVER change. They will tell you any excuse (freeze, low profit, etc) and in the meantime they will suck all your experience and skills. My advise, if you are an average joe, fresher. Join to learn some minor experience and leave after 1 year. If instead you are a senior, ask for high expectations as they will never change that later, if they refuse it is because they were already lying at you and are trying to scam seniors for low budget for low position works.
Advice to Management
Stop giving false promises (regarding career growth) when later you simply jump out to other departments. Anyway, I know you won't do it because you are instructed to lie as to keep your employees.