Pros
1. Over 80 billion in revenue. Operates in nearly every country in the world. Over 20 brands with $1 billion in revenue. Few companies have these features. 2. High ethical standards. Good (however not exceptional) people work there. 3. Pretty good pay considering how easy and un-time consuming the jobs are and that Cincinnati is an affordable place to live.
Cons
1. Most brands at P&G were established between 1950-1990. The comapny claims you will be a "brand builder." That's not really true. You will be more of a "brand maintainer." 2. Innovation at P&G is opening up a Mr. Clean Car wash and extending a surface cleaner brand into a car wash franchise business. Swiffer is considered one of their most successful innovations in the last 15 years. I think it's roughtly $1B in revenue, so that is pretty impressive. 3. The culture is regimented. Get ready for a very specific promotion plan, that might be acceptable for many. But likely not acceptable for highly ambitious people. 4. MBAs are hired in at Band 2. Undergraduates are hired in at band 1. Highly intelligent, ambitious people are often highly bored by these jobs. In my view, jobs at P&G don't get interesting until about Band 4. If you are hired to be an Assistant Brand Manager from business school, it will take you 9 years on average to get promoted to an associate marketing director (band 4 in marketing.) That's when things get a little interesting. The jobs get really cool when you get promoted to General Manager of one of the brands. But those jobs are very hard to come by and it takes about 15 years of service before it's possible. 5. Most jobs are in Cincinnati, which a lot of people don't like. But if you like Cincinnati this is of course not a con.