Pros

Great company.
Good benefits
Most managers are flexible - and support a balanced life.
New business units/groups are ready to adapt to new technology and tools

Cons

you might be exposed to politics as you rise up. Ranking system for promotions indicates that someone has to look bad if you have to look good.

Advice to Senior Management

Get rid of ranking systems. In some groups - all the engineers are good! As the workforce ages make sure that benefits are not compromised.