Awesome place to work, but few growth opportunities - Senior Finance Manager Henkel Employee Review

1. Henkel pays less than its peers. 2. Moving up is really hard once you've reached the senior manager level because there rarely are any openings at director and above levels; when there are such openings, they often get snatched up by European expats from HQ coming to the U.S. to gain experience. The best way to move up is by doing expat assignments outside the U.S. However, U.S. expats are considerable more expensive (especially when they have children) for the company than those from other regions. So, expat assignments to Europe are almost impossible to get. They will give you a local contract if you're open to it, but you will have to accept a significant pay cut (up to even 40%) because European wages are much lower. It is much cheaper to send expats from Europe to the U.S. than the other way around, reason why you will notice quite a few Germans taking up local senior positions, forcing U.S. employees to look elsewhere for growth opportunities.