Slow, stable company - Engineer Danfoss Employee Review

Great work life balance and benefits

Large company, things move slowly

Good work-life balance, decent PTO and benefits, friendly coworkers

Slow moving in central IT function, many decisions are made by committee, which slows the process way down. Compensation is below average. I have received promotions every 1-2 years for the last 5 years, but advancement in compensation has been very poor. At best it took 10 months to receive a 10% raise commensurate with my promotion. On the worse end, I received almost no salary increase despite my manager, their manager and their manager (our department head) approving the proposed raise.