Pros
1. The designs are small and simple with little to no complexities involved which makes it perfect for an entry level designer or a retiring employee. 2. There is no word called "Deadline" in microchip dictionary which makes your life easy. 3. If you ever want to know what "stability" or "job security" means, take a look at Microchip. 4. Wonderful colleagues and fun filled environment.
Cons
1. PAY? It's a big joke here. For an entry level/senior engineer, it is at least 20-30% less than industry standard. 2. 401k/Bonus? Don't even mention it. 3.The MCUs don't require any state of the art design and hence the company is stuck with outdated technology. I don't think it would ever change. 4. Lot of engineers with poor technical knowledge.