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Get into a company through acquisition

Engineer
Current Employee
Has worked at IBM for 9 years
July 10, 2013
4.0
RecommendsPositive OutlookApproves of CEO
Pros
  1. Very big company has lots of resources if you know how to reach them.
  2. Various types of projects to move around within the company.
  3. Very smart professionals and a good management team knows how to integrate companies through acquisition to make the best out of them. In one of my previous companies, they failed on this with almost every company they bought.
  4. Good salary
Cons
  1. The company is so big that you may get lost regarding what you can get out of the best.

  2. The ESPP offers only a 5% discount for employees compared to the 15% discount ESPPs from most other companies.

  3. I have had back pain for years and don't want to take painkillers anymore. I heard acupuncture and massage could help. However, the company insurance makes it almost impossible to use. The policy states that the Chinese acupuncture clinic must be part of a western medical clinic, which is nearly impossible to find. Many friends at Cisco go for massages three times a week, even their spouses!

Advice to Management
  1. Regarding benefits, the company is more shareholder-friendly than its own employees.

  2. Examples include the 5% ESPP and the insurance plan I mentioned in the Cons.

  3. This year is the first year that I felt the company was willing to invest in its employees through proper formal training, since the CEO made it happen at the beginning of 2013. That really helped increase my knowledge and productivity. I bet customers see the difference in the employees' knowledge and qualities too. Even though we missed the earning in 2Q13, I hope the training keeps going the way I see it this year.

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