Company: IBM
Date: 2013-05-28
Overall rating: 1/5
Employment status: current
Experience level: Senior

Not what you think
Pros: Good camraderie among co-workers despite management.
Vacation days.
Cons: Income has reduced by 33% in past two years. Tremendous outsourcing overseas (China, Brazil, India, Eastern Europe). Very low morale. Family health insurance premium increases by $1200 every year while coverage diminishes. 401K matching balloon payment is at end of year only if you're still employed. High employee turnover due to diminishing salary pay. Fewer IBM employees and more contractors. "Competitive pay" is calculated with China and India in mind.