Amazon.com – “Tough, Love”

Pros

Real corporate culture -- it comes from the top, it is consistent, it is communicated, it makes sense, it makes customers happy. People really refer back to it when making decisions. Kind of tough on the employees but you can't have everything.
If you perform, stock options are excellent.
If you want to be a leader and you can do it, you can get extremely educational access to incredible top people.

Cons

Stressful. Work-life balance is poor in many groups. High operational burden in many groups.
Benefits are bare minimum -- their philosophy is they would rather give more grants to reward the productive, then to have benefits that go to all employees.

Advice to Senior Management

Recruiting is overly decentralized. Too often a candidate gets "grabbed" by an inappropriate group, and then the candidate will either be turned down or unhappy they didn't get a good match.