Pros
Some of the pros are cost of living increase(considered raise) and bonus.
Cons
I worked for IPG for over 20 years and did see many changes. When the company was just starting (2001) they told the few of us that we left after two layoffs that we would be rewarded for our efforts sometime in the future. I worked many weekends in the early days to get my design work out to the fabricators. The extra effort that I provided earned me the same or less cost of living (considered raise) for some years. It seems that the bigger the company got the less the employees received. We used to have a bowling league, there was a Christmas party and a gift card at Thanksgiving. That's all gone. I stayed there for so long because I loved the work and the people I worked with. As far as the managers go that depends on the department that you were in some are good and some not so good. In closing I would say that IPG should value there employees more than they do.