Pros
Pay is competitive, benefits are good, work pace is very lax. If you are a handsome white guy or girl with the gift of gab, you will go far.
Cons
Nepotism and favoritism is so rampant, it's utterly discouraging. Hiring, firing, reward and punishment is who you know (and who you...you know the rest). There are so many examples I could cite, it would fill a few pages. Many years ago, an employee went on a shooting rampage and the company hired a 3rd party firm to randomly sample employees within that organization to "tell the truth". The study was released company wide and the results mirror my first sentence. A majority of the problem management were eliminated, but some managers who should've been cut are still in management positions today (some even higher). The company also has decimated the IT organization as of Dec 2014. Another 3rd round of layoffs expected. The core organization known as Transmission and Distribution will also be subject to cuts in the next two years. The company's mishandling of the SONGS nuclear power generation unit as well as its well documented mishandling of the wind storm several years ago paved the way for these recent layoffs. Meanwhile, executive compensation continues to rise as does the way the manager's bonus incentive plan is calculated.