Vantaggi
The CEO is very ethics and quality focused. There is a formal process where everyone lists their career goals every year. The company also went through a restructure, and impacted people where given sufficient notice and opportunity to apply for other open positions. Headquarters is in NYC which is great for people who like big-city life. The company also has some smaller offices in smaller towns. Also a very, very strong internation presence. The company does a great job moving high potential talent across different countries.
Svantaggi
There are a few people who are low performers who I've seen get shifted from job to job. In my mind it would be better to let them go instead of letting a low performer stick around for 15 years. Having headquarters in NYC is a negative for me. I wish Colgate was based in a city with lower cost of living. The international business can be seen as a con; if a promotion opens up, you are not only competing with people in your home country, but people all over the world for that promotion.