Pros

Benifits, stability, best product out there. A large installed base to call on. Good lower level management. Some good people to work with.

Cons

They will not pay existing employees what they pay to bring outside people(who do not last long) on. Moving up in responsibility and title rarely results in a salary increase. They will tell you "you have plenty of opportunity" but we all know that a good base salary is important. The compensation plan is tweaked every year so you sell more and make less. I sold 300k more this year than last year and will earn about 40k less!!

Advice to Senior Management

Don't preach employee retention and being the employer of choice if you do not pay people a fair salary. It is demoralizing to someone who has been loyal to you for 10 years to find out you are hiring people off the street for 30% more money.