Pros
The hours are very flexible (leave when your work is done and no one needs help) and the employee committee does try to make the environment a happy one. This is a good "fresh out of college" company, but be sure to jump ship in 3 years or less!
Cons
Entry level pay is much lower than you will find at similar companies and earning a raise is extremely difficult (long-term employees haven't had a raise in 5yrs due to "budget issues"). The management lacks cohesive implementation of ideas and tends to drag its feet in resolving issues. The company has recently been downsizing, not by firing people, but simply by not replacing those who leave and layering more tasks/responsibilities on individuals already pulling more than their weight (with no compensation).