Stable employment, lots of good people to work with, wide variety of projects to work on.
Cons
Raises are random and not tied to performance reviews, and far from annual even though the company is very profitable. Senior management seems to operate more by fear than actual leadership.
Strong middle management. Business decisions are well thought out and design studies are based on fundamental engineering principles.
Managerial promotions are attainable if you put forth the effort.
Great job security as company is very stable.
Company encourages and supports internal transfers locally and globally.
Cons
The company desires to become more innovative but has difficulty changing the conservative culture. Real advancements in technology rarely make it past the prototype stage.
Little standardization of processes and lack of proper training.
Some policies and processes are outdated.