Pros
Pension plan. Very few Co. still have that. Cheap lunches. GYM on campus. Free Coffee, milk and tea on every floor. Little lunch rooms on every floor. Management generally leaves you alone and let's you manage your own time and projects.
Cons
Greasy, low quality food offered at campus lunch rooms. Global management are bunch of cheerleaders with no intension of changing the horrid bureaucratic structure that handicaps the process tremendously. Understaffed departments = overworked staff. Incredibly cumbersome system of processes and internal guidelines that hinders the workflow. Employee turnover is very high. Knowledge transfer and training is poorly organized. Every new employee left to collect the knowledge for themselves and often fail to do so.