Strata system - A promotion is not a true promotion. Most of the time it is just a better title with no additional compensation.
Long Term Incentives - Only available to a few people. Positions that are Director-level at similar companies are only Manager-level at BASF and ineligible for long term incentives. Can result in substantial pay differences between BASF and non-BASF positions.
Limited promotion opportunities.
Poor bonuses
Middle of the pack financial performance when compared to other large chemical companies.
Raises are generally lower than those at other companies. Typically 2 to 2.5% a year as compared to 3% to 4% a year at other large companies.
"Diversity" is just another way of saying we hire and promote white women. Limited focus on racial ethnic diversity in managerial positions.