Engineer • Current Employee
Pros: You get to work with some of the smartest people in the world.
The benefits are very good, including restricted stock units for most employees.
Base pay is lower than the competition, but total compensation, during good years, is very good.
No formal PTO policy allows for flexibility with time off, and in many non-manufacturing jobs, there is the ability to work from home (manager dependent).
Cons: Intel is no longer the desirable company it used to be. Some of the best talent in the company sees it as a stepping stone to get to better tech companies like Google, Facebook, Amazon, and Apple.
Constant reorganizations in all departments take away any feeling of job security. This, in turn, makes it difficult to focus and work in a productive manner.
The yearly review process pits employees against each other instead of accomplishments per the job description. Intel is one of the few companies out there that still uses a forced distribution model for yearly reviews, so there is always someone that will get a bad review even if they performed to their job expectations.
Many managers there have no business being managers. They see it as a role to check off the list to become a principal engineer. Intel is still very much a good-ole' boys club, where room for career development is heavily dependent on your "status" in the club.