Pros
I worked with amazing people here who were nothing short of brilliant. The institution name itself carries weight among industry leaders, academics, and governmental agencies. As a scientist, I was proud to work among these people. I worked there for 12 years and 6 were fantastic, 4 were mediocre, and 2 the atmosphere was predominantly toxic. There was a constant fear of losing your job through factors that were completely out of your own personal control. I consider myself above average worker and I found myself feeling guilty about coming to work when project work was low and my billable hours were not high enough. Towards the end it physically affected my well-being. The work I did made a difference for the body of public knowledge on projects not necessarily in private industry's interest to put money into investigating.
Cons
The benefits used to be great, the organization consistently continues to take them. Managers operate out of fear. Policies and actions are taken to make current numbers look good while setting the organization up for future failure. Personal power struggles forced money making product line leaders out the door. Some very high ranking people were allowed to keep their jobs makingyears of poor decisions putting product lines in a position they may not be able to recover from.