Pros
Mostly comparable to other technology companies with regards to salary and benefits. There are some exceptional people who work there, and if you're fortunate enough to land on their team, within their organization or business unit, your chances of having a good experience in the current environment are higher. Good advice for any job seeker, make sure you know exactly what you're getting into before signing on.
Cons
Not competitive or innovative with regards to the WOW extras found at companies like Google, Facebook. With definite exceptions, the company values are mostly demonstrated by new and mid level employees. Senior leaders appear to work by a different set of values and this has eroded eBay's brand as an employer of choice over the last 5 years. It feels like an "old boys" network mentality that has become increasingly politicized. The company's women's initiative in particular is disappointing with respect to the embellishment of progress and the credit senior leaders have taken for the advances made by over the years by volunteer grassroots individuals and employee groups.