Pros
The work/life balance is excellent at ConAgra. Compensation and benefits are competitive within the industry. And, it's a big company, with recognized brands, that will garner some respect from smaller prospective employees.
Cons
The work/life balance is excellent unfortunately because many people are not fully engaged in their jobs. There is continuous significant restructuring and reorganization. Company direction on attaining topline growth and/or bottom line growth changes multiple times throughout the year. The marketing acumen is very poor at ConAgra. As a marketing/brand person, you can get some pretty solid general management experience, but within a consumer company, you ultimately can't continue to cost cut your way to brand health and growth. ConAgra is running into that challenge now as they have been forced to take price increases (driven by commodity increases, but also driven by low margins due to weak brands) but have struggled because their brands often compete primarily on price.