Attrition, What Attrition? - Recensione dipendente - Engineer presso GlobalFoundries

1,0
1 lug 2014
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

-New Hires receive gracious bonuses and salaries since nobody will come here. -Excellent for Social Networking as you will meet and say goodbye to numerous employees weekly. -The Chicken pesto sandwich is pretty good.

Svantaggi

Where to start... -The CEO refuses to acknowledge the +26% attrition rate when asked during "All Hands Meetings". The constant replacement of working level employees hinders the completion of projects since knowledge is never retained from the previous employees. -HR has no focus on retaining talent and would rather try to acquire talent. I'm not trained in HR practices but it is common knowledge that retaining talent is cheaper than hiring. HR freely gives out signing and relocation bonuses to try to attract talent as nobody wants to come here. -With the generosity to new hires you think that it would be the same for employees who have accomplished things for the company but its not the case. Raises ranged from 1-3% and bonuses were minimal. -No Career progression. Within my department not a single person received a promotion yet 5+ new hires were brought in at higher roles with zero experience in some cases. -No Accountability- People have no problem committing to a date but are rarely ever able to meet it. This is a huge problem and makes forecasting impossible. Don't believe the GLOBALFOUNDRIES propaganda that circulates in the Times Union. Yes they created a lot of jobs, but how many of them are for US citizens? Unfortunately yield isn't scored like golf...

Esplora altre recensioni su GlobalFoundries

5,0
25 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Good Company with deep culture and relationship

Svantaggi

No any cons , regular company

4,0
26 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Great team in Burlington. Diverse technology portfolio provides endless opportunity to learn.

Svantaggi

Non-revenue support groups have small budgets and are seen as cost-burdens. Raises and promotions are behind the industry.

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