Pros
The company does not "pretend" to care about its employees. They only hire the best and people with a team-spirit. If you don't fit the m.o. of being a team-player, don't apply. They cull those people who are perpetually unhappy, complainers, and those who do not treat others with dignity and respect.
Cons
They only give raises when the company is doing well - and that might be every 5 years.