Pros
Great benefits package, decent starting wage
Cons
Paypal is a great place to work if you want to be stuck in single position for years with little wage increase. Change happens very quickly at PayPal, although not in a good way. You are constantly shoveled from team to team (within same department of course) and have a new team leader every 3-4 months, which you have to explain your career goals to every time and right when you think you're going to get somewhere BAM. New team. New boss. No actual advancement. The initial training received was completely inadequate. When you actually start your job you are incredibly overwhelmed. Also, the attendance policy changes are impossible. Flawed incentive system makes it very difficult to get a sizeable bonus or any bonus at all. The internal talent search is a joke.