Internal job transfers/promotions are restricted to Lateral or Downward grade-levels!
Pros
Good technology, steady financials, market power. As some others have pointed out, these factors can make Oracle a good career springboard for future opportunities with more exciting, agile, innovative, flexible and creative companies.
Cons
Internal advancement and compensation system is ludicrous. There is an HR policy that only permits Lateral or Lower grade-level transfers for employees moving to an internally posted job -- even for promotions. So for example, if you hold an IC3-level position and are qualified to apply to an internal IC5-level job posting, you may be offered the new job, but you cannot move to the higher grade/salary level during that fiscal year -- i.e.,the new job now becomes an IC3-level job. Any grade-level changes can only be considered at the beginning of the following fiscal year, at which time, many other variables come into play: Your manager must then provide a stellar review, submit a business case for a promotion, jump through hoops, get approvals, etc. Also, when applying to an internally posted job, you must inform your current manager, before you receive a formal offer from HR. Yes, before. So essentially, if the offer is not what you expect, you are more than likely in an extremely precarious position with your current manager/organization and must seek alternative employment outside of the company, immediately thereafter. Sales Compensation Plans are inconsistent and do not accurately reward talent or results. Some Sales employees in a given year do extremely well, while other solid performers are forced to survive on their base salary. Also, little to no stock option awards are distributed to the mainstream workforce.
