Pros
One or two members of upper and middle-upper management and many members of middle management are good, competent people. Coworkers are great (most have been there before local acquisitions and had already established good relationships.) Company doesn't just charge in and impose their will after an acquisition and allows the newly acquired to relax before gradually implementing changes. To date, there's been little micromanaging to speak of. Standard benefits (costs are rising of course) and a fairly good amount of PTO are given. Turnover is low (may be due to low availability of employment elsewhere.)
Cons
The pay is ok but thoroughly stagnant. Raises are based on pre-set categories with 99% of employees forced into the middle or below, netting them a 1 or 2% increase. It doesn't matter if you practically kill yourself trying. No one (at the bottom at least) gets Christmas bonuses and profit sharing is non-existent as quarterly goals are set falsely high. Too many overpaid men up high and not enough people actually doing what physically makes money. There is a clear divide between the worker bees who know more they're given credit (or paid) for and those who are clueless and grossly overpaid. Sexism is prevalent and women will never rise to upper management because it's a giant good old boys club. HR is part of this club, is very much in the pocket of corporate and does not genuinely care about the employees. Will not commit to purchases or honor professional promises that were made. Expect everything that will make your job easier/better/safer/more productive to be delayed but spending on the superficial or unnecessary is approved in record time. Image is valued more than quality or safety. Everyone is forced to work on 25+ year old equipment and many labs are stuck in outdated facilities. Pays a lot of lip service to safety but it's to save/make money, not out of concern for the employees. Tasks, broken equipment, poor communication and under-staffing force many people to lose PTO because they can't slow down enough to take time off or other people can't cover for them. Morale is low.