Pros
Excellent benefits. Key has a great 401k matching, a cash balance pension, good selection of health coverage (including High Deductable Health Plans for HSAs), and generous PTO allocation.
Cons
Far too management heavy, more managers than people doing work. Senior management is completely out of touch with the work and issues faced by the people on the bottom. Projects are slammed in without proper time, resources, architecture. Developers are burned out by the heroic development style. Everything is driven by unreasonable and arbitrary deadlines, and very little is ever done right, if that causes a project to not be finished on time. This has massive snowballing impacts to future projects, production support personel, and in the end, customers.