4.0
20 Mar 2019
Former employee, more than 8 years
Sunnyvale, CA
Recommend
CEO approval
Business outlook
Pros
Good base compensation. There is a bonus pool based on company achievement to targets, and employee share is based on rating for the year. Most recently, the stock price has done well as the new CEO appears to have stabilized the company's trajectory. NetApp will likely continue to remain one of the few independent storage companies left standing given its market valuation and strong IP portfolio.
Cons
Enterprise HW/SW companies have gone through tremendous turmoil in the last decade. Not surprisingly, NetApp reversed a lot of the old tenets, such as avoiding layoffs. With a new CEO, there were layoffs twice a year while I was there--which had a bad impact on the morale of the remaining employees.