Pros
Starting salaries competitive Pactiv owns Hefty brand which still resonates in consumer product market Impressive corporate offices Running on momentum from past successes, and continuing acquisitions Significant penetration in a variety of markets should maintain corporate health in the near term
Cons
Top management seems to be a limited clique of good old boys and sycophants who are most adept at lining their own pockets. It is an atmosphere of arrogance, hypocrisy and callous disrespect toward the work force. In my experience, employee morale below the VP level seems non-existent. Since acquisition by Reynolds, a number of mid-level managers not already fired are seeking to get out as quickly as possible. Several senior level executives, including the former President, have already taken their millions and run. Hundreds have been fired by the corporation whose web site touts how much it values its employees. The company is being gutted as the experience and talent that actually did the work is being dissipated, and there is no end in sight. Big on buzz words like "lean manufacturing" and "kaizan," many agree that this is just lip service with no true buy-in or understanding at the corporate management level. Talk of employee education, development and empowerment is just that - talk.