Schneider Electric reviews

I literally watched 10+ rounds of layoffs over 3 years with no end in sight. To say that it had an impact on morale would be a complete understatement. Worse, the people I saw layed off were mostly long-timers who were making decent $$$ through attrition and commitment to the company. Because of HR (see below) you may have been 20 years with Schneider, but your end will be 5 minutes out the door with maybe a chance to get your coat. So much for loyalty... Even worse is the fact that many of the middle-management types somehow keep finding their way into new jobs created for them. For instance, everyone will know there is an October surprise layoff coming. So some mid-level project manager type will suddenly become a segment manager with the implication being that we always needed that position anyway. The effect of this I personally watched over the course of many years with Schneider. You basically get a recycled group of self-interested managers with marginal skills and literally no attachment to the industries that they serve. By the way, that is the Schneider game to be played: you just have to keep "manager" in your title. When one of these mid-level guys makes it to a senior manager level he/she will take his/her whole crew with him. Hence you will find many senior managment types without degrees, management skills, etc. because of this fact. I understand that this is corporate America; it is not who you are it is who you know. But Schneider U.S. took it to a sickeningly refined level that is made more obnoxious by the sheer number of people being let go by their incompetence. Also, the facility I worked for had some of the worst HR people I have ever seen. For a group that has walked 100's of people to the door over the course of 10+ years of layoffs you would think they could refine their techniques. Because of their lack of proactivity the "rumor mill" in the place I worked was always in overdrive. I put in my multi-week notice and did not even get an exit interview with an HR person. To Me, that says everything about the lack of professionalism these people show. To summarize: HR was not interested in hearing what I had to say, the status-quo was just fine with them. My 5+ years was just a drop in a meaningless bucket to them.

Now lets comes to cons. 1> When you join this company they will give you hefty bonus up to 3 lacks. But if you leave company before 2 years you need to return this amount to the company. Also they have 15% of variable of your ctc. This will paid you based on your performance. Deliberately they will rate you less to and deduce your variable pay. This is due to the hefty 3 lack bonus. I also got to know from others that this is sure and certain process of this company. Also in your offer they have mentioned you will get 0 to 200% of your variable based on your performance. But you will never get 200% because it has certain formula which I still need to figure. The HR has promised that you will certainly gets 200% here. I only get 80%. Its a huge loss if you figure out in your ctc. 2> This company used to give free foods 5-6 years back. Later they were giving RS 1100. Now they are pays Rs 550 only. So basically it do cost cutting. 3> Hikes are also very less.