Pros
Stable and predictable stress free work environment and practices. Good place if you are interested in routine type work experience, self-motivated to learn and prepare for career move elsewhere. Just be careful, you better plan to retire because if you work here long you won’t be marketable elsewhere.
Cons
There are disconnects in strategy and execution. Executive management is doing reasonable job in defining vision and laying out the strategy, however, middle management (Directors, AVPs) lack the ability to understand, not ready for any change, innovation or simple views of how things roll up. Do no harm, take no risk, do nothing and control others by policies and procedures. Lot of smoke screens, no accountability, repackaging of old legacy technologies – pigs with lipsticks.