Pros
The Benefits are great, the people are nice, the company is pretty stable and profitable.
Cons
Its easy to get lost in this company. Managers do not really manage and there is a general lack of urgency to get anything done. There is a great deal of backwards thinking and sometimes layers of process and controls to get things done. (That is a problem when you combine it with the lack of urgency) There are tons of flavor of the month initiatives that upper management promote but then never actually do anything with. A great example is the employee survey where something like 80% of the company tells them that they are under market or career advancement is muddy. They do focus groups, talk about it for 6 months and then forget about it.