Pros
You get to work alongside some of the most talented, passionate, and diverse people in the world! L'Oreal is truly an organization that is committed to making the world a better place through all of their sustainability and DE&I commitments. Incredibly fast paced, highly competitive environment that is great for individuals that thrive with this type of energy. The highly matrixed environment can be a bit frustrating at times but generally creates much more powerful initiatives.
Cons
Health insurance is terrible, even with the highest coverage PPO plan. Costs have skyrocketed over the last couple of years the increases go well beyond any increases in salary - even with stellar performance. If there are issues with claims it takes hours on the phone over multiple sessions to get resolved. Expect to pay well above the deductible and out of pocket max since that only applies to what Anthem deems 'appropriate'. Current employees are being compensated well below market value and there are no plans to reevaluate comp levels. Only new hires are coming in with competitive salaries and are compensated well above tenured employees. We make a truly stunning amount of money for a very select group of people. HR has far too much power over career mobility and the evaluation system they use to evaluate talent is opaque. If you get misclassified somewhere along the way you may not even be aware and it could take years to fix it.