Siemens

• Very good family compensations and benefits.
• Very good health insurance for employee and dependents.
• Flexible working hours (depends on the manager), but mostly there is flexibility.
• One can gain good experience only if you get to work with R&D departments; otherwise, you will drift away from the software development path.

• No vision; big changes are done overnight with no regard to the consequences.
• If you are in the software development career path, well, you don't have a career path at all and consequently no good raises.
• I don't know how managers are selected. If I, as a software engineer, am led and evaluated by a manager who doesn't differentiate between a Boolean and a string.
• Very strange strategy (or lack of one) where they waste money in the wind one year, and then cut costs by reverting the actions that led to this in the second year, even when they know at the beginning that the...

Hire managers with strategic visions if you want to compete. At least hire managers who have the A/B of logical thinking to realize that something is wrong when it is wrong, and can actually do something about it rather than just "go with the flow" strategy.