Not all cracked up to be... - Anonymous employee PCL Construction Employee Review

When I was being recruited they really tried to sell me on the employee ownership. As it turns out, the employee ownership program really caters to those who have just started their careers and for those who are hired on as a senior or executive level employee. For those who are mid-level and in their mid 30s to 40s, the chances of achieving the large dividends that people who have been with the company 15+ years are receiving now are slim to none. They factor the annual dividends into your annual salary. So if you don't purchase any stock, then you are making well below the industry average in salary. Yes, you have to purchase the stock with your own money. So it's not your typical ESOP. Promotion from within doesn't happen very often. They would rather hire someone outside the company than give someone who is capable and has been with the company a long time a chance to prove themselves. It seems like you have to be a "chosen one" to get promoted. They also promote diversity and work-life balance but there really isn't any of that going on.