Being an executive at UL! It's always great to work for company where the employees are not rewarded while the executives shower themselves with company shares now that it's gone public. Executives received thousands of stock options worth millions of dollars while employees got NOTHING!
Cons
There are no cons for executives! They only care about fleecing the company!
UL Solutions Response
1y
There are many benefits to being a publicly traded company for employees. Being publicly traded allows UL Solutions to raise capital to grow and with growth comes new career opportunities for colleagues in multiple areas of the company. UL Solutions has increased visibility and plans to expand the scale and reach of our business worldwide. An employee stock purchase plan is a benefit being rolled out over time subject to local laws and regulations. This is an exciting time to be a part of UL Solutions. It is a common practice to incentivize senior leadership during key company milestones to ensure the company’s successful growth.
- Mission
- Work life balance
- Pay
- Modernization of the workplace
Cons
- Every year benefits are reduced with terrible and tone deaf justifications. - Added benefits tend only to benefit new employees.
- Perception that the company does not value long term employees (suspension of defined benefit program)
- Poor ESPP discount
- Lack of transparency on how AEIP bonus is calculated
- Workflow tools are still extremely cumbersome after years of promises to fix them
- Lack of enforcement of hybrid work policy. Many people never come in and are never spoken to about it.