1.0
Dec 9, 2010
Former employee
Santa Monica, CA
Recommend
CEO approval
Business Outlook
Pros
Prestige, good vacation benefits, near the beach
Cons
Overhead on projects is astronomical leaving fewer project opportunities for more experienced staff. To compensate, they aggressively hire less experienced staff and phase out the more experienced (those with good funding streams). The resulting "crowding out" dilutes quality of research and revenue.The planning horizon is measured in weeks/months and is fairly reactive rather than strategic. The salary review process is a black box and seems to be unrelated to performance.