Vantaggi
Siemens provides "exceptional" benefits, work life balance (assuming your job can permit such a benefit), the medical benefits are among the very best, the external purchasing plans (cars, mobile plans, electronics, event tickets, etc). Siemens offers employees the ability to advance (based upon successful performance results). Siemens offer unmatched technology and quality of products. Siemens truly makes an effort to stick with and develop their talent. Layoffs are an absolute last step measure and avoided at all costs.
Svantaggi
The Leadership team is a revolving door. I personally have had 4 managers over a 5 year span. Unthinkable! The salary IS NOT competitive to the overall scale of the company. US Employees "are not" treated as their equals in Germany. Employee evaluations are completely negative. The management feedback focuses much more on "what you did not successfully do" as opposed to building up the employee with optimistic enhancement of abilities. (Please don't confuse this with a PRO of the company listed above). In the economically driven market - the CORE teams (Procurement, Engineering, Quality, Manufacturing) are now spending more time looking for nickles and dimes in the couch; rather than focusing on fixing product issues. The workers understand the importance of profitability - but the goals handed down from the Leadership team are not realistic.