Pros
When I first started at Pairwise all employees were eligible for unlimited paid-time-off and you could take up to two weeks at a time. All employees were also eligible for a bonus during the first quarter of the year after their first year with the company. Employees get a salary based on a 40-hour workweek and are eligible for a bonus of up to 10% of their salary, but that percentage is adjusted after an end-of-year performance review. If employees add value to the company, they are eligible for a bigger bonus.
Cons
There is a clear passive-aggressiveness with the leadership style of the company. The leadership has set zealous deadlines after an extremely successful first year. During my time there I found it difficult to take time off and still meet my personal company goals, which is how an employee is graded for the end-of-year performance review. In order for the employees who add value to the company to get a bigger bonus, other employees have to be graded lower and get smaller bonuses. Subordinates are expected to work more than 40-hours each week, and there is no overtime pay since everyone has a salary. My bonus did not equate to the amount of overtime I was working.