Pros
Name known internationally. Sometimes you get international exposure. R&D department receives a lot of money from Germany.
Cons
At the Monterrey Factory, the current local management team is comprised of unqualified individuals. Starting from the General Manager, down to the R&D, HR, Quality, and Production Managers. It seems like these guys obtained their current positions because there was no one else when the positions were required. This is the same case for team leaders. The worst part is that these "leaders" don't take into consideration the feedback given by the employees. High turnover: In the R&D Department, at least one person quits every month. In the last 4 months I've seen 5 people go to other companies and many more are looking to do so as well. There is no clear vision of career development. Bonuses are given "mysteriously" only to some employees. The compensation plan is not what you would expect for a company like Siemens. Bureaucracy abounds, as the company has acquired the local (Mexican) way of doing things, instead of implementing the German way. Assembly line workers are treated very badly. HR team is a joke. Don't be surprised if you suddenly receive less money on your paycheck or if you are charged for random things.