Pros
I struggle to find genuine positives to write here. The company is obsessed with minimizing all line-item costs at the expense of difficult to measure costs (cost of unhappy employees). We have perks, but the perks seem to be there simply to that HR can check a box to say that they are there. For example, my facility has a ping-pong table so that we can claim to have a game room. One ping-pong table for over a thousand employees. We have a fitness room, but you need to sign a waver, and wait 3 weeks for that paperwork to be processed before you can begin using it which discourages people from bothering. We have very competitive base pay, but literally no financial perks like an employee stock purchase plan or company-paid HSA contributions like other companies have. We have a cafeteria on site with decent food, but the prices are so high that you'd be silly not to walk across the street. We have unlimited time off, but it's actually at the discretion of your manager, who is under immense pressure to cut costs and deliver projects under an already unrealistically low budget, so good luck getting more than 2 weeks, and expect to be made to feel like you're making things difficult whenever you take a day off. We're a huge company, so you can move around if you're unhappy in a position, except, there is a policy and politics in place that force you to stay in a particular job, so in reality, you are forced to quit if you want to make things better. To make matters worse, if you leave before the 3 year mark, the company will take back the 401k matching benefit. I keep working here because I want to hit the 3 year mark to get the match as well as have some solid evidence of experience for my resume. It sucks because I love my coworkers and I find the work I do to be very interesting. It's just that every time I start to get excited about my job, a manager will do something to remind me that there will be no reward for my hard work.
Cons
Apart from the pros actually being cons, due to the obsession on costs, we try to avoid giving raises and promotions until people threaten to leave. Many managers threaten to rate you poorly if you don't put in overtime, so you literally need to go above and beyond to earn a mediocre score. That makes actually exceeding expectations to be literally impossible.