Pros
discounted gear, a paycheck in a tough job market, free gyms
Cons
This company has completely given up on investing in its employees. Even during difficult times, it should still recognize, reward, and develop its strongest contributors. People who lead major, high-impact projects receive little to no recognition, reward, or career advancement and are treated the same as those who contribute very little. There are virtually no opportunities for growth or promotion, and favoritism seems to play a significant role in career progression. If your manager doesn't like you or doesn't advocate for you, advancement becomes even more difficult. The expectation is to continuously deliver more work with little or no recognition or investment in your career. I've worked at companies that paid significantly less than Nike, yet they were much better at recognizing talent by giving employees titles and responsibilities and projects that reflected their skills and contributions and interest. Here, unless you're one of the favored employees, there is little opportunity to grow, regardless of your impact. Again, if your manager has something against you, your future is very limited at Nike.
