Pros
Once you're in, you're in Final salary pension opportunity after 5 years' service Can specialise in one area, or move around as you wish, you are free to decide the direction of your own career Better salary than a lot of industries, especially starting salaries for young people Opportunity for training and education paid for by the company e.g. APM courses, engineering degrees etc 28 days holiday (excluding additional bank holidays), and can buy 2 extra days
Cons
Getting a pay increase when you do a sideways move can be tricky if you're towards the top of the sub band in the transparent pay scales. You could always get a promotion, but if you want to stay in the same band you almost have to leave and come back again if you want a major pay rise. A bit more restrictive with money since it became a public owned company e.g. no christmas parties