Pros
Flexible working hours - at a minimum wfh on Fridays. . Good benefits.
Cons
Forced ranking mandates 10% will get no bonus and 15% will be rated 'partial met expectations' and get low merit / bonus. 25% is way too high unless you have a real issue with your hiring and perpetually hire sub-par employees. Performance rating is a joke - managers are forced to think about who they would like to keep. Career progress is extremely hard as promotions are tied to the highest performance rating that is highly restricted to a percentage. However play increases are also tied to ratings so managers are forced to use rating to adjust pay that has drifted way out of line in order to keep employees rather than focus on career progression. It's deeply flawed . Long hours.