Pros
Hiring process often finds the best of the best to bring into the Lutron "family" however, most high potential employees realize over the course of 5-8 years that there is no chance of real advancement. The engineering team despite sweat shop like conditions at times- produces very high quality products for the lighting control industry.
Cons
Toxic culture, very limited employee benefits- no part-time, flex-time, work from home, limited vacation, horrible work/life balance - all very hypocritical for an organization that touts "family" and "Take Care of the People" as one of its core values. There is also a very pronounced brain drain at 5-8 years- engineers realize the abuse isn't worth the salary and move on and sales people realize that no bonus and no profit sharing are not worth their efforts in the field.