Pros

Good benefits, company is doing well, nice people. The campus is nice. It's a global company.

Cons

Management keeps information very close. Management is backed by their seniors unconditionally, no matter how bad they screw up. Favorites are blatantly played. The smart people who should be promoted (no, I'm not thinking of myself) aren't because they don't go golfing with the CIO or go to happy hours after work.

Advice to Senior Management

Stop thinking exclusively about climbing the ladder and think a little about the people you manage. Communicate. Look for solutions that help everyone, instead of just covering your ass.
I know, it's like that everywhere--but that doesn't mean we should stop expecting it.