Appraisal process in certain CAE groups is a sham
Pros
Limited work pressure, good company if you are amongst the ones who just wants to glide through
Cons
Appraisal process is a big sham in IG CAE groups. There's no correlation between the feedback you receive and evaluation of your performance by your peers. This is indeed very disappointing. You can receive excellent peer feedback and yet have a stagnated career, just because your management doesnt like you. In my previous company, we had a 360 degree feedback system where the feedback about the managers was collected from the reports and provided to the managers for bettering their performance. However, in Synopsys, there's nothing like a 360 degree feedback system, only your managers can evaluate you, your opinon of your managers does not matter, They are ridiculously empowered.