Flex weeks in the summer
I do not have any cons.
I applied online. The process took 1 day. I interviewed at Exelis (Rochester, NY) in April 2009.
I did a phone screen first with the hiring manager. A week later, we arranged an on-site interview. The on-site interview consisted of 45 minute interviews with the engineering manager I would support, the group manager (his boss), the group finance manager (hiring manager's boss), an HR hiring specialist and the hiring manager. The HR specialist seemed concerned that the hiring manager had screened me without her input and so put me through a somewhat brusk behavioral interview.
Negotiated salary and personal time off (vacation + sick leave).