Constantly decreasing benefits - I suppose this is the case with many companies, however in my 3+ years with the company, health insurance benefits decreased each year (or increased in cost). The 401k match was also recently removed - one of the prime reasons I started working for the company.
Weak pay raises/bonuses cut for esoteric reasons - Expect to get around a 2% pay raise each year, even with a good annual review and record company performance. Also expect the company to say that you should be happy with a 2% raise after the company had its best year ever. Bonuses (at least for corporate) are based on meeting esoteric goals. Meet 98% of a corporate "stretch goal"? Well that's still considered failure in the company's perspective. And what does the company do after not meeting goals the previous year? Make goals even more aggressive for the next year (without addressing why goals weren't met for previous year). While employees' bonuses are not funded (2014) or funded at less than 100% (2015), expect to see corporate leaders' (through SEC annual report and proxy report) earnings increase year over year.
Management Doublespeak - Expect lots of this. Direct questions are given the runaround, especially when it comes to the merger. "There will be a significant presence in Richmond after the merger". Okay, what is significant? 10 people? 700 people? No one is willing to comment on that part. Just months before the merger was announced the CEO himself sent an email to all employees saying essentially how ridiculous the speculation of a merger between MWV and Rock Tenn was.
Diversity is a joke. Don't believe me? Go to the MWV website then: About MWV --> leadership and governance --> Executive Profiles. Look at the headshots of the executives. SPOILER ALERT! Out of 20 executives, only two are female. There are zero minorities represented, all caucasian people (at least as I write this).
