Vantaggi
Some employees are very good at what they do, and work very hard despite being under rewarded and under recognized. I think this is a benefit of having workers in their 50s and 60s - these workers have a stronger sense of loyalty and are less likely to "move on" than younger workers.
Svantaggi
VP level management is very out of touch with reality on the ground. Lower level employees (thats me) are invited and do give feedback but it seems to be of no impact, making us think that they are not listening, not interested, or in denial. There's very little difference in how the best and worst employees are treated and paid. In a better economy, the good ones will leave because of frustration at being overworked and paid the same as an employee who everyone knows isn't trying as hard. The workforce in my area of the company is on average over 50. This is an area of the company with over 100 people in it. While this does give Kronos some positives, like experience and loyalty, it also means that we keep up with new trends in our industry much worse than some of our competitors who have more ambitious, younger and more curious workforces. We are also much less open to needed culture changes and tend to be very conservative on most issues. This frustrates the few younger employees we have, some of who are very good and very high potential. They can and do leave.