Pros
Paccar is a very financially stable company, and has made a profit every year for decades on end.
Cons
Extremely top-down management, a CEO who all employees literally live in fear of (including top management under him), mediocre pay, horrendously old-school policies and culture. For example, this week at Kenworth (where I work, a division of Paccar), a no-facial-hair policy was suddenly enacted- employees with facial hair were told on Wednesday upon arrival at work that they had until 9 am to go home and shave, or not come back (take vacation or leave without pay). Despite people at every level of Kenworth management and HR stating that they knew this would cost them valuable employees and employee morale, they all felt their hands were tied since the decision had come from Mark Piggot due to his personal dislike of facial hair. Many employees were affected by this, including two who were within 2 weeks of retirement after 40+ years with the company. Paccar values money over all else, and finds myriad ways to demonstrate how completely valueless individual employees are to them. You're just a number, and you can be replaced. As long as they make a profit, that's all that matters- and that comes often at the expense of project budgets, raises, perks, training, etc.