Pros
Great brands built by a legacy of talented employees from creation to the early 2000's. Since then, not much though...
Cons
Probably the next Kodak or Blockbuster among Dow Jones companies; due to bureaucratic old management driving change agents out of the company. Worst talent management among top global companies. Used to be regularly in top 5 of best company to work for rankings; but is now struggling to make it to the top 100. Employees are treated as the enemy by a poor HR organization. All efforts are done to discourage employees to stay; from comp&ben cuts to talent assessment and career advancement. Particularly true for expats. International career is a must after 5 to 10 yrs. However, P&G offers one of the most uncompetitive, complex and unfair expat package, constantly being cut. Expats are considered as a cost to reduce, not as an asset to nurture and all decisions and policies are making expat life more difficult. This result in strong struggle in developing markets where capability is a key challenge and where expats are most needed. More and more expat employees are found having 2nd jobs or income sources; which is unheard of from such a mega company.