Pros
At the most senior levels and on the board there are some truly great leaders with high standards and a great track record. Unfortunately due to some not so great leadership at the executive levels much of the message is lost, destroyed or ignored. Despite the commoditized employee environment the company still manages to retain some truly great people at the technical level. If your in an individual performer position (non-manager) your pretty much left alone to do your work. which can be great given the current stress in the federal markets. Benefits are decent, although recent changes (as a result of the market) have weakened the offerings.
Cons
Every employee is just a number and if your contract ends so does your employment. There is very little effort to help place employees after they lose coverage regardless of whether they are a performer. There are tools in place to help find something in the company but your only real chance is if you are well connected and can pave your own way to something else. The growth strategy is illogical and seems to defy the market and any internal strategies of how to get there. It feels like the senior management is flying blind and only looking out for themselves. At the management level it certainly appears like the employee and customer receive the least attention from corporate and are not high priority. It would appear that the current focus is on the shareholders which is eroding away future prospects. Very little opportunity for career growth, many managers hold their people back and the company has made a point over the last two years to look outside for executive positions. This is not a company that you can hire on, bust your tail and work your way up the chain.