Pros
The only true "pro" are the exceptional people you work with, for as long as they can hold out or get replaced by a cheaper offshore alternative. Little niceties such as free coffee, soda, and 'spirit events' are supposed to make you feel valued. Unlimited DTO is there, if your manager will let you use it. Insurance - HDHP $4000 deductible for employee & spouse.
Cons
Anyone that leaves or is let go is replaced offshore (India) - there are very very few development area jobs available in the US, even customer support is being pushed there; the time zone, education and language barriers make it extremely difficult to be productive or put out quality work. Internal processes are developed and pushed without regard for the team or product needs or input, lack of testing and little to no notice - basically it's - here's a new process, use it. And process change is never ending. Reviews - unless you go WAY over and above, you are 'average'. Bonuses - previous year's bonus isn't provided until end of March. Being professional doesn't count for anything - giving notice 2 weeks prior to the bonus nullifies your receipt of it, even when you've provided a huge amount of knowledge transfer prior to departure. You're better off keeping your mouth shut, getting the bonus, and quitting on the spot. They say they 'value their employees', but that's as truthful as saying they care about their customer service. They simply suck at both. The bottom line is all that matters. I guess that's what happens when you're owned by 2 vulture capital companies.