Pros
1. Near-zero layoff: layoff has been an rare event at PL. If you make mistakes (like reported wrong numbers), you won't be terminated. 2. Good package: a good number of PTO; 3 sick days according to california law; competitive employer 401(k) matching plan; supportive relocation package; 3. Supportive HR system: there are HR business partners to support employees to develop and to add values.
Cons
(applicable to some division only) 1. As a small company, PL has more frequent reorganization than the teams (which I have worked at) in bigger companies. I was told that the company is stable. However, the management reorganization (big and small) has happened about 2 times in 1 year. Sometimes, a team lead had a reorg to solve a problem, but ended up with more issues after a reorg. High turnover at director level position. Management level positions have poor succession plans from within. 2. Great ideas don't get acknowledged or recognized unless brought up by someone with higher title. 3. Unhealthy culture: low work quality employees tend to stay in the company for long-term (because of near-zero lay-off) and build 'brotherhood' among weak ones. Micromanagement happens in some teams. Employees' behaviors are manipulated (for good or bad reasons). Inconsistent management feedback. 4. No promotion cycle: the fact exists because PL is a small company. It helps to retain talents by offering promotions at anytime, but it also shows how random PL management can make promotion decision. I have been hinted more than once to look for job externally by manager and coworkers and come back with an offer to counter a promotion. 5. Hiring limitation: comparing with other companies, PL can not always hire the top candidate they want. Thus sometimes managers do whatever the (weak) employees like just to keep them (for routine/cheap labor work), but not care about the truth or what is right. 6. Transparency: I was not aware of industry regulation change implementation progress when I was employed at PL. Also PL is a small company, so you need to be careful that someone else maybe eyeing your good project.