While starting pay levels are very good for Raleigh, North Carolina, average annual raises of 2.5% mean that after several years with Lenovo, you will find yourself drastically underpaid compared to similar firms in the area. Many employees are leaving in droves, whether they are being forced out (three rounds of layoffs in 2013 alone), or just leaving of their own volition. These employees are seeing post-Lenovo pay bumps of 20%-30% because Lenovo is simply not keeping up with the market.
Lenovo has also discontinued all training for US employees and offers no form of internal development or advancement. At least, for individuals below the executive level. Executives are doing just fine (they all spent a week together in 5-star accommodations in Barcelona this October). Promotions are a thing of the past, as all new job openings are filled by external applicants- oftentimes before existing employees are aware of the opportunity. I will repeat- Lenovo does NOT promote internally. Management also repeatedly changes direction, which has resulted in the lowest morale and worst work life balance I've ever seen at any company. Employees are all scared to voice their opinions because history shows that those with opinions will be next in line on the chopping block. This company has perfected the notion of "leading through intimidation."
If you're thinking about joining Lenovo, I would recommend asking yourself the following questions:
- Do you enjoy working 12-16 hour days?
- Do you enjoy working over the weekend?
- Are you ok with your management team repeatedly taking credit for your work?
- Are you comfortable becoming a mindless drone and following the most ridiculous 'strategies' even though every bone in your body is telling you not to?
If you answered "yes" to any of the above, then Lenovo is the place for you!
