Pros

For me, it's close to home, good salary and interesting work. I like my current boss but have had some tyrants, too. I actually feel very fortunate in my current situation because I'm busy but not too stressed or pressured. I know some people who work a lot harder in my position and some who do almost nothing. It just depends on your boss. I like the lot because it's an interesting and alive environment.

Cons

Bureaucracy - difficult to get simple things done sometimes. Egos. Some people are real jerks and treat people poorly. It's hard to watch sometimes. No real job security. You see unexpected staff cuts all the time. You always feel vulnerable to that.

Advice to Senior Management

Cut some fat from the top rather than cut a bunch of mid/lower paying jobs when you need to preserve cash.