The Rochester COE is a Black Hole. - Financial Analyst bei IBM: Mitarbeiterbewertung

2.0
28. Feb. 2012
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CEO-Befürwortung
Geschäftsprognose

Pros

1. Benefits - pretty decent, health and dental insurance you can get for free if you sign up for the basic plan. 401k match is up to 6% after you've been there 1 year. 2. Flexibility - Depending on how lenient your manager is (mine was) you can work from home if you're sick or out of town without taking any PTO. 3. Co-workers - Basically all of the FA's are 20-somethings, so you'll be able to work alongside some good people. Then you can all go to lunch and talk about how stupid your job is. True story. Happened a lot. 4. Good resume builder 5. Ping-pong.

Kontras

1. Compensation - Starting salary is 40k with a sign-on bonus of $1,500.. Not bad for a recent college grad just starting out, I'll admit. But don't expect to see a raise any time soon. Or a bonus. You'll likely see that same paycheck twice a month for years to come. 2. On-the-Job Training - This was how I figured out IBM was a joke within the first couple weeks. My previous manager told me on the first day, "you'll think we've never trained somebody in before." He was right. Although they offer training classes, these are basically a formality for all new hires. These sad excuses for classes won't actually help you do your job. The person I shared an office with basically taught me everything. 3. Job Satisfaction - I worked some not-so-fun jobs through college. I sold shoes, did janitorial work, cleaned horse stalls. Even at $8-10 an hour, these jobs were still more enjoyable than being a Financial Analyst at IBM. 4. Cost-Cutting - This is my biggest problem with IBM as a company. IBM actually just laid off about 1,200 employees from their US workforce in the week I wrote this review. Some from the Rochester plant were included in this. If you're thinking about starting a career at IBM by taking a financial analyst job, consider this: From 2007 to 2011, the US IBM workforce has shrunk from 135,000 down to 98,000 employees. They have been shipping these jobs overseas and will continue to do so because the labor is simply cheaper over there. IBM could care less about their employees. It's all about making the shareholders money, even if it means canning people that have been with the company for almost 30 years. 5. Work-Loads - Although some of the work is being shipped overseas, a lot of this work is just being piled on to current employees' workloads. Now I understand that the longer you stay with a company the more work you'll have to do, that's a given. But along with that usually comes a pay increase. As a Financial Analyst I guarantee you will be given more, and more, and more mind-numbing work to do. And to thank you for your efforts, IBM will let you use their bathrooms. Sweet deal, right? This job does provide good finance experience for a recent college grad, but that's about it.. This isn't the place to build a career. In my opinion, the entire COE will be shipped overseas in the next 5-10 years.

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5.0
20. Apr. 2026
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CEO-Befürwortung
Geschäftsprognose

Pros

You can find good mentorship since many people stay for a long time.

Kontras

Onboarding process and goals from HR are inconsistent.

4.0
26. Aug. 2014
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CEO-Befürwortung
Geschäftsprognose

Pros

Disclaimer: A lot of what I'm writing below of course depends on the work area and management chain. But I found this to be fairly pervasive policies in IBM in my 9+ years with the company. 1. IBM's policies and management are very flexible when it comes to working remotely or accommodating various life situations (sick days, doctor visits, etc.). Management is encouraged to measure an employee by their work and impact, and not by hours spent at their office. 2. Great colleagues! Though unfortunately, many have been leaving due to the instability of IBM's HW development business. 3. At least in my area, there's a high level of flexibility on which projects should I undertake based on my and my management assessment of business impact.

Kontras

1. Unfortunately, IBM still uses the "normal distribution" rating system, where at the end of the year each employee is ranked as a top contributor (5%), above average contributor (15%), average contributor (~75%), and bottom contributor (5%). This curve is difficult to apply in the R&D world, where you may have many members of the team working long and hard hours, and end up being "average contributors" at the end of the year, because there just isn't room for all to be top contributors. 2. The above may not be so disturbing, if only IBM didn't practically cancelled all raises, performance bonuses and incentive for the non top-performers. I've had a consistent "above average" rating in the last 4-5 years, and my raise and performance bonus were ridiculous mere 1.5-2% of my salary. Were I rated "average contributor" I would have gotten NOTHING. So you can imagine that people can go year after year without any raise to their salary. From talking to manager friend, this is IBM's way to eliminate the non-top-performers without having to fire them, as part of its direction of reducing US manpower. 3. Hiring freeze in many areas - again, as part of IBM's attempt to reduce its workforce across North America and Europe we see many jobs move to the India and Far East markets. This is of course upsetting to see local teams shrink and disappear, especially when many great local IBM colleagues and experts begin to drop out. From my experience thus far working with India SW teams - they are still very far away from the standards I would have expected from US and Europe based teams. 4. Poor top down communication about company's and divisions' future. Employees learn from rumors and news websites what's about to come...

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10y
Thanks for sharing your experience, and we're glad that you've had a positive experience working with talented colleagues and taking advantage of IBM's programs. IBM is in the midst of a major transformation, --our Systems business is going through its own changes to strengthen competitiveness. Change is never easy. As part of our transformation, we just launched a whole new approach for how we are coaching employees, delivering feedback and managing reviews. No distribution guidelines or what some think of as 'stacked rankings." What's particularly great is that this was co-designed with our employee base from all over the world... to the tune of hundreds of thousands of page views, comments, on-line debates and discussions. IBMers even named the new system Checkpoint, to reflect the regular feedback rituals we're adopting. Managers are more empowered with the new methodology to help them acknowledge the great work of their teams and help their employees develop professionally. These steps and more are showing up in our employee surveys as well. So IBMers are feeling the change. We are confident these changes will help us in continuing to attract and retain great talent.
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