Pros
Excellent education package, and the amount of learning here is exemplary. Consider P & W the mecca of engineering. Pratt pays it's salary employees in the 50th percentile. You won't get rich working here but you will make more than most connecticut based engineering jobs.
Cons
Cut-throat corporate environment. Executive management expects engineering staff and middle managers to work large amounts of overtime with no extra compensation. Management is very short sighted and disorganized. Most of the manufacturing processes are outsourced to sub-par suppliers. Most of YOUR time will be spent fixing projects that the suppliers screw up. Engineers are expected to report to multiple people "IPT leaders" and work in a high stress environment in which everything you work on is due yesterday. Expect your health and family life to decay quickly....Bottom line? Abuse Pratt the way Pratt abuses you. Get your degree, get your experience and GET OUT! You will eventually be laid-off anyways...