Pros
Benefits and equity down to manager level
Cons
Nearly everything else; work/life balance is not existent anymore and management squeezes every last drop out of employees for subpar compensation (unless you’re an outside hire who is friends with someone in management). Changing priorities every day; expected to do the work of multiple people; lip-service appreciation while actions are the opposite; continually low culture survey scores from employees with no action by management. Most leaders are in self-preservation mode and only care about themselves; they are more than happy to take completely undue credit for wins and cascade blame down to their teams for losses. They have no real understanding of the business but their egos don’t allow them to see that and learn, so there’s an endless stream of swirl and bad decision-making. I could go on, but you get the point. Sallie Mae should be your last resort for employment.