Company: IBM
Date: 2014-02-06
Overall rating: 2/5
Employment status: current
Experience level: Senior

Long time career employee
Pros: The people I work with are smart, wonderful people. Good work life balance. Very flexible with personal time off if needed.
Cons: Several years ago, IBM changed the 401K match for new employees to 3%. Prior employees receive a 6% match. Annual bonus' and merit salary increases ONLY go to the top performers in the work group (top 10-15% of employees). Annual performance reviews are stack ranked. That means there will ALWAYS be a bottom group regardless of how well you perform in your job. Several years ago, IBM reduced the maximum vacation for employees hired after that date. They will never receive more than 20 days per year. Prior employees can receive 25 days. New employees start with 15 vacation days and max to 20 after 10 years of service.