Pros
Option to telecommute, although this wasn't a formal policy and could vary by manager discretion. Good salary and benefits. Option for job-share arrangements, provided you could find a job-share partner and get this cleared by a director. Team (department) annual bonus, typically 10% or more of base salary.
Cons
Average tenure of employees seemed to be 15 - 20+ years, meaning they had product expertise but not necessarily fresh ideas. There were not a lot of outside hires for many marketing and product management positions. Most people seem to have risen to these positions after years of working themselves up through the ranks from a telephone operator or other front-line position. This, in my opinion anyway, made a lot marketing/business plans and approaches seem outdated and out of step with a lot of new marketing ideas out there (e.g. marketing automation, lead scoring, lead nurturing, inbound marketing, etc.) Higher education was not particularly valued or sought after, as in most marketing employees did not have MBAs, and those that did were not promoted or placed appropriately. Routine firedrills created a lot of on-the-job stress. Not a lot of options for career growth unless you wanted to relocate to the headquarters in Basking Ridge, NJ.