Pros
- 9/80 work schedule with every other Friday off - PTO when combined with 9/80 schedule can lead to long time-off periods for just a minor hit to the PTO balance. - Holiday shut-down with 1.5 weeks off around Christmas - Experience with large scope and budgets - There are plenty of ways to blend in and produce low output - As you can see, most of the "pros" have to do with not working
Cons
- Individual contributor attrition is not back-filled, causing more work/strain on remaining employees. The company uses this gutless strategy rather than thoughtful, targeted headcount reduction to meet numbers. - Culture of blame and finger-pointing that originates from top levels of leadership - Poor, expensive healthcare benefits - While some of the old guard employees have long-term incentives like pension plans, newer employees hired within the last ~10 years do not. - Layoffs and RIF through attrition occur in successful business units to offset poor performance in unrelated, unsuccessful business units - The reward for high performing employees is simply more work, maybe +2% annual bonus payout, and +1-2% pay increase. This incentives low performance and a lack of accountability due to such a small delta between high and low performers.