Pros
Flexible work schedule, no micromanagement, better than decent raises (if you are a performer), 3 weeks vacation per year, plus sick time, plus personal business time, on-site medical clinic, great work atmosphere, work culture is one of the best I've worked in, excellent personal space, on-site cafeteria, cafeteria hubs/branches through out the plant, reserved parking spot for 20 year employees/managers, pretty decent benefits (medical, dental, eye), straight pay for salary exempt over hours over 45, high paying salaries, job security/longevity,
Cons
Parking lots saturated with reserved parking for senior employees and managers and parking in one will have your vehicle towed, hours 40-45 are unpaid for salary exempt (these are free hours you give in which LM charges the government for, but supposedly this is what allows them to pay the higher than average salaries), wish the health insurance was a little better, but I hear its better than other company's health insurance. Some systems are outdated/antiquated but that's supposedly the cause of lack of funds or dying contracts.