Pros
Standard benefits and vacation, good stock plan if you have been in it long term, recent hires limited to matching funds, flex time start with 40 hour week (some staff/managers are flexible), majority of staff are lifers, decent technology
Cons
Expected to be available 24/7, telecommuting not allowed, long term 20-30 year employees are norm, easy to mark time and drift. Bait and switch job descriptions common in some departments. Flat raises, widely uneven salaries among people doing the same job, flat organization allows no complaint to higher ups and no criticism, limited opportunities to move among management positions. Senior, senior management has no visibility among department staffs -- not sure if they know we are in the building. Dictatorial leadership rewarded. Morale is low in certain departments and no one cares.