Pros
Harrah's provides all the necessary tools to be able to perform the job. The leader in the industry has many properties to transfer to when looking for advancement or other opportunities. Considering a company of its size, Harrahs does a decent job recognizing/awarding its top performing employees. Harrah's recognizes the importance of the relationships it has with its customers proven by the loyalty that many customers have for the company.
Cons
Harrah's does not offer "fair market value" compensation for salaried professionals. Since the economic downturn, many departments reduced headcounts through attrition or elimination and those who were left were forced to pick up the additional work without any additional compensation. Merit increase programs were restructured to barely offer standard of living increases as a reward for top performance. Many talented employees have left the company due to this lack of respect and poor judgement executed to provide investors with a healthier bottom line. Unfortunately, the diminishing talent pool will undoubtedly result in less revenue-generating and cost-saving ideas in the future. Although the job market is currently flooded with professionals looking for work, the economy WILL improve and other businesses will gobble up the talent leaving Harrah's with the leftovers. The companies that take care of their own will grow and the others will struggle.