Pros
Core industry , Opportunity to develop skills (mostly for your personal satisfaction and for your next job, unlikely to help you if you are staying within GE) , Smart and intelligent co-workers
Cons
Very risk averse company, Extremely few successful products (FA gas turbines , 1.5 Wind turbine) - 90% of decisions regarding new product development ends up bad (and most of the leaders who made those decisions get promoted) , Career advancement opportunities very few with in engineering - they like you to be the extremely intelligent engineer with all of the right personality traits who is OK being called "Highly valued" (translation ~4% raise every 15 months) and has very limited career ambitions (Once you are a Senior engineer , you are at the dead end of your journey) , SItuation very different with in Finance , HR and Sales organizations (the number of "executive band" employees in those orgs = 10x the EBs in engineering on a per capita basis) ; insane attitude towards employee travel - ask that everybody be an industry expert, knowledgable about competition , customers blah blah but doesnt want any one tp spend a dime (situation is different if you are a General Manager etc - you can fly once a month to China and Europe for no reason at all and all is well) , Reliance on metrics which hardly mean anything (eg: attrition traget below 6% - all skill levels weighted the same). Bottom line: Try to move towards the commercial / sales side of the company if you want to be compensated and treated (respected)well