Pros
Great Work most of the time. Terrific Location. Great Work-Life Balance. Engineers are offered a fairly decent breadth of knowledge. Managers tend to be understanding of personal situations and if you're driven you can stand out. The culture is good. Most people will have your back if you start slipping on something, and you can always ask for help. Time off is frequently approved. the environment is laid back and relaxed unless you're on a critical project, but even then it's engaging. Diversity is great. there are affinity groups for just about everyone whose interested.
Cons
When GE Purchased the company, it started a slow squeeze of everything profitable continuing through the Baker Hughes ownership. Housing has doubled in the last 10 years but pay has increased 16%, and starting pay is more-or-less stagnant. When there's a tight economy, upper upper management won't hesitate to halt all EOP increases for multiple years in a row. The growth opportunities are difficult to come by as well. Depending on which team you land on you could receive a promotion in the first two years, but other teams take up to 7 years for a first promotion. Promotions are only available if there's a spot, and pay won't be altered or increased no matter the performance. HR exists only to defend the decisions that Upper management makes. They will lay off a bunch of people one year, and hire a bunch of people the next. Attempts to raise concerns in meetings are met with corporate political answers like any big business would do. It's difficult to tell this early on if Baker Hughes is going to attempt to solve some of these issues that GE started, but that's yet to be seen. if you're 40 and near the end of your career and just looking for a place to coast this is the spot for you. If your brand new, this might be a great opportunity for the first few years of your career but growth is limited so keep an eye outward.