Pros
It is a very good place for a college graduate to start his/her career, especially if he/she gets into the leadership development programs (LDP). LDP practically pays for a free graduate degree and the job rotations allow a person to obtain different experiences in about half the time as a regular employee. Also, LDP does provide exposure to upper management. Overall, the benefits are good. The employee costs for the health, dental, vision, and life insurance plans are much less than many other companies out there. The funds available in the 401K are great. The costs are fairly low and many options are available. The company match of 50% up to 8% of your salary is decent. While three weeks of vacation is pretty good, many other companies either meet or beat this number. The company is good with promoting and following life/work balance.
Cons
Not all business units are created equal with benefits that are not regulated by corporate policy. For instance, some businesses allow employees to telecommute and flex their time; many other business units do not. The performance review is based on a quota and not enough is made to differentiate the successful contributors. There really are people who should be fired for poor performance and incompetence that are labeled as successful contributors. Also, you pretty much have to earn new business or perform well on bad programs in order to get the higher ratings and raises (which can be used towards higher health care costs). No matter how sexy program finance sounds, you will not like your job if your program has a lot of earned value management (EVM) requirements.