Pros
- Merit-driven performance mgmt and compensation increases - Transperent strategies, shared with associates on a regular basis (CEO talks to most exempt-level associates at least once every year) - Performance ratings are "calibrated" across people in similar jobs/levels - adds fairness to the process vs. based simply on manager discretion - Colleagues are very capable and competent - FUN place to work
Cons
- Lot of change, fast-paced (although plenty of opportunities to balance work-life during off peak times) - Interview process is very rigorous and highly selective...makes it difficult for managers to hire external candidates - Pay policy is fair, but not a "premium pay" approach (although talent selection is geared towards top notch)