Pros
1.) Base pay is good. 2.) Telecommuting is available for many people. 3.) One is usually allowed to work without heavy micromanaging.
Cons
1.) The benefits have been getting worse over time and I see this trend continuing e.g.(The loss of the Aetna PPO, Pension plan eliminated for new hires, etc.) 2.) There are reorganizations ever 2 to 3 years which interferes with people who are trying to get promoted and have to impress yet another boss all over again. 3.) The Top-Down Command and Control management style from the 70s still exists at AEP. 4.) The pay grade matrix has been revamped to a new system which has clearly put ceilings on what people can make without being promoted. 5.) Stodgy and inefficient. Lots of bureaucracy, meetings, and rubber stamping in order to get work done.