Google – “Google IS All That”

Pros

Delicious, healthy gourmet meals - for free
Intelligent, hard-working co-workers who are all such interesting people with incredible talents beyond their work
Great balance - you can learn and play at work and mgmt supports this
Lots of career opportunities
Good resume builder

Cons

Big company means that jobs become very specialized
It's a bit chaotic - great if you are good with change and ambiguity - but some people have a hard time
Engineering is treated as a golden child so if you are in another part of the company, you are often not treated as respected or treated quite as well - that said, most perks and benefits are company-wide

Advice to Senior Management

Stick to the core principles that make Google great and always take the high road
Don't operate out of fear (e.g. last year's layoffs)
Keep trying to create space for innovation even as processes become solidified