Pros
Can offer above-market comp for managers, if negotiated skillfully and you're bringing in clients and/or technical experts. Valuable tip: forget targeting long-term comp that vests over multi-year period. Go for max comp in the short-term, even if leaving sizable amount of long-term money on the table - you won't want to stick around to cash in. Had I done this I would have planned to leave even sooner.
Cons
The abrasive term in the headline is almost never referred to an employer out of respect for those who've truly suffered, but I've heard it used so many times on Danaher from employees throughout that it became a default way to describe the company. The reviewer from 10/12/2011 hit the nail on the head. Managers make false promises of hope to employees and rules with fear. As managers we're trained to exaggerate these elements to milk every last ounce of energy from employees without paying for it. Title "raises" are common way to evade pay rewards. When managers have an issue with a direct report, even if trivial, they'll likely go on a witch hunt and build their case against that employee (e.g. 15min late twice becomes "perpetual tardiness" and unable to finish an arduous assignment given only a day prior becomes "unwilling and unable to perform essential responsibilities") so that HR can take over and apply the coup de grace. Mind you, this applies to managers as well, so your living motto becomes "to kill or be killed." These are some elements that really turned my stomach, and made me rethink who I want to be in an environment where I am required to spend most of my waking hours. I have come to the realization that this isn't normal or temporary, and that it's something that I'll eventually look back on with profound regret. The reviews here have inspired me to come forward, as their examples are striking in their accuracy and resonance, considering how many Danaher companies there are throughout the world.