Pros
If you're a stockholder, historically this company has provided good returns.
Cons
If you are reading this because your company was recently acquired by Danaher, that's unfortunate. The next step is basically to strip you down as far as possible in order to achieve higher profits. Expect any "above-average" benefits your previous employer had to diminish over time. This includes pay raises (none with the current economy, minimal otherwise), bonuses (formulas to calculate will likely change to lower payout) , ESPP programs (non-existent) , restricted stock grants (only for *very* select individuals), etc. Basically any non-essential compensation should be removed. Danaher has an unparalleled ability to transform a good likable company into one that's despised by the majority of its employees. "Associates" are treated as expensive liabilities instead of valued assets. Unfortunately this model works very well for increasing operating profit, at the expense of the underlying individuals making it happen.