You don't have to work very hard, especially if your 'face fits'.
Good work-life balance.
Very unlikely to ever be sacked as long as you keep your head down and don't upset anyone.
Great place if you want to clock watch and not really go anywhere.
Cons
Owners and Directors provide absolutely no direction. Complete lack of strategic thinking.
Complete lack of career development.
Lots of words, very little action.
Failure to look after managers has translated into an exodus of the experienced staff.