Pros
The employees are good souls, helpful, smart, supportive and very (even over) qualified for their jobs. You can count on fellow employees and middle management both to do the right thing, treat you well and perform high quality work. The leader of the company also seems to care about the right things and is involved in constantly making the company a better place to work. Pay is decent though not outstanding, but it is boosted by an in house bonus system and good matching on the 401k and good benefits. All in all - very nice place to work.
Cons
The VPs / Senior management seem to be a bit out of touch with, well, everything. Additionally, whatever their worth to the company is supposed to be - it's unseeable from the employee level. Budget management seems to be a particular problem for them, and many of the actions we see (such as giving an employee an office then taking it away immediately) or hear (one was quoted directly as saying "they don't care about the employees, they just want them to keep their heads down and be quiet" ) are probably out of context but but paint an uncomfortably ugly picture. I can't say what the true picture is - but the image is very negative and we don't see much to contradict it.