Pros
Job security is the main reason people stay at this company. Not sure the current climate, but you'd have to do something pretty serious to get fired. A great place to start a career and get some experience.
Cons
NI is a pretty good place for entry level engineers and the few who the company feels it really needs and compensates reasonably well. Other than that, I've never worked with so many brilliant yet underpaid coworkers anywhere else. Their goal for paying people is 80% of median, so not even average. That's their goal! When the company hit $1B in revenue everything changed. No longer focused on culture, no longer care about the people. They are focused only on the bottom line and growing by 20% every quarter YOY. They had great growth last year, but missed their operating margin. Employees got a really small profit sharing bonus and CFO/COO got a 20% raise. Leadership also is changing, Dr. Truchard is well liked and trusted but he's retiring soon.