- Politics. In P&G politics is so important, you get the feeling that this is a branch of a major political party. Image is almost all. Who you know, how well you smile, who do you go to golf with on Saturdays, that's what matters most. While this is true to some extent almost everywhere, in P&G it is what makes or breaks your career.
- Too big. I think this comes with being one of the largest global companies. Decision-making is simply painful. It is too bureaucratic.
- People (culture?). While I met really great folks working at P&G, there is always the lingering feeling that the moment you turn your back on people somebody will stab you. I think this is the natural result of having an employee profile of the classical dominant alpha male. The company promotes competition well beyond a healthy level, so people will usually try to take the credit, to shine to the eyes of upper management, and to avoid assuming responsibility when something goes wrong.
- Not so good compensation / benefits package. At least in developing countries, compensation falls well below what other similar companies offer. Additionally, the differences between salaries & benefits in developed/developing countries is abysmal. You need to take this into account, since in the global environment we live, information flows so much more freely, you will certainly know what the *actual* value of your work is, in other latitudes.
