Pros
If you want to be a lifer with little work, especially during the financial downturn, it was a great place to be. Of course, until you get laid off that is. Severance package was generous, 60 day non working notice (no need to come to work, will continue to get paid) + a severance package depending on your level which is 6wks for non exempt to atleast 12 weeks for the Analyst to Manager level, gets better above that.
Cons
Terrible Pay, merit increases and bonuses...I was below the 25th percentile of my market data point and that was common among everyone I knew in the team including the bosses. More bosses than worker bees, very top heavy. Needless to say, once you go out of the business unit, its even worse with SVPs and SEVPs for keeping the building lights on and keeping the seats warm.