Pros
-Flexible in taking PTO whenever you like -There are a lot of young engineers to form a nice social group -Close to home
Cons
-Ladder and ranking system to determine promotions and merit raises. Promotions and merit raises are determined in the previous year (ex: For 2010 year, ranking is determined Nov/Dec 2010) before performance reviews/summaries are written and conducted during (ex: For 2010, Feb 2011) for the previous year. Instead of making everyone's salaries the same, award the top performing employees better raises. -Promotions seem to be based on years of service and seniority as opposed to rewarding those that worked hard that year. -Raises kick in during May of the following year. This is way too late. Performance discussions need to be held earlier in the year and raises applied earlier in the year. Should not be later than February or March at the lastest in my opinion. -Expand educational assistance to allow engineers to obtain MBA degrees. They are the only top 4 aerospace defense contractor to restrict employees to obtain MBA degrees. -Poor transition to new programs when the current program is phasing out. I was on overhead for about a month before I was contacted to work on a new program. Section managers need to take more responsibility in finding new jobs in other programs and placing proper talent sooner. -No sick days. What company doesn't have sick days nowadays. It is unfortunate that people have to take PTO when they are sick or come in the office sick.