Company: IBM
Date: 2009-12-22
Overall rating: 1/5
Employment status: current

IBM has lost the plot
Pros: Working from home
Intelligent colleagues
Cons: Final salary pension scheme scrapped
No pay rises for most employees, at all
No promotions
Dictated annual quotas of "low performers" (17-25% plus of workforce every year)
Managing out "low performers" with no compensation
Working many hours of overtime for free is expected every week
No training budget
No travel budget, even for appraisals / staff 121s
Appalling processes
Appalling internal tool set
Appalling offshoring skill levels
Chronic short-staffing levels
Very top heavy management structure (just what do all those execs do for their money?)
Appalling appraisal system (PBC) that positively discourages team work
Very high levels of work related stress illnesses
Very poor work-life balance
Record low levels of employee satisfaction