Photronics reviews

You will make less money every year because raises are never given. According to the top executives, there is never a good time in this industry, so they must always be "cautious". But that's generally considered an excuse not to reward and invest in their employees, and as a result morale is always low. Benefits also get worse every year. There is also a tendency to do things the way they've always done it, which can be very counterproductive. Also, because things are being done on the cheap, there is no redundancy at most every position, which is a considerable burden for employees who suddenly have to work two jobs for an extended amount of time.

Very narrow industry. Advancement opportunities for individuals are limited -- opportunities to promote from within opposed to hiring from the outside on a continuous basis. This specific market is not growing in the future. Low/non-competitive compensation & basic benefits package that includes VERY EXPENSIVE and terrible health insurance coverage and horrible 401K program. Lack of basic respect and fairness for lower level employees creates low employee morale in these areas. Layoffs created inadequate manpower along with pay cuts more than 5 years ago and there has been NO PAY RAISES, and very small and few bonuses, for manufacturing employees since that time. Favoritism over competence. Lack of equipment maintenance. Unapproachable senior managers, particularly in HR.