3.0
Apr 26, 2013
When will the leaders learn to operate the company without extraordinary measures?
Current employee, more than 10 years
Saint Paul, MN
Recommend
CEO approval
Business Outlook
Pros
The people are the best in the world. We continue to be a great company, not because of company loyalty, but because of personal commitments to great coworkers.
Cons
While delivering strong results to Wall Street, 3M is only able to achieve them by complete travel bans, hiring freezes and 2% salary increases. Executives continue to keep the company jets in the air, and when they have to fly commercial, always sit in first class. Their income keeps increasing, especially as they execute multimillion dollar stock options. They stay cloistered on their mahogany floors and don't see that the rest of the physical plant has deteriorated as the maintenance budgets are squeezed like everything else.
