Company: IBM
Date: 2013-09-08
Overall rating: 2/5
Employment status: current
Experience level: Senior

Why IBM Is Never On a "Top Company to Work For" List
Pros: Fairly decent salaries and benefits, but on a downward spiral. It's OK if you're young and don't plan on staying more than a few years. There is no longer any IBM-to-employee loyalty, no "golden handcuffs". Don't expect a career there. Get hired, get some training and experience, build your resume and 401k, then move on. 4 to 5 years tops.
Cons: Management concentrates on keeping stock prices and dividends stable, instead of employee well being. There is no long term vision for IBM, no 10 years, 20 years, 50 years. Management can barely see beyond the next quarter. The company chisels away at salaries and benefits each year. They demote entire classes of employees, take away shift premiums and overtime, reduce headcount, yet expect continued high levels of productivity. Morale is in the toilet, yet management fails to acknowledge the problem. Employee buying power is eroded due to IBM's no raise policy and inflation. Even 1 performers may go without an increase for years and years.