Pros
The work life balance is great and the pay is decent. Very few teams work more than 40 hours a week. Schedules are very flexible and the time of day you show up for work is basically left to your own discretion. If a project date is slipping almost always project features get cut or the date gets extended with overtime very rarely considered a recovery option. Recent changes are providing opportunity for advancement and existing employees are being considered first for those positions.
Cons
Their non-compete agreement is ridiculous. Get a copy of it before you entertain an offer. Team leads are given the late night on call responsibilities. Nepotism and cronyism in the company is rampant. Despite management saying they hate politics, politics are prevalent, nurtured, and only growing in importance. A sideways look, a word thought to be disrespectful, or bringing up concerns about the group think strategy of the day are quite literally fireable offenses. Critical thinking and good project execution seem a distant second to getting along. Accountability appears to flow only one way. The practice of hiring from within and cronyism has led to several in positions of authority who from my perspective perform their responsibilities poorly and are unlikely to leave since neither their experience nor aimless performance is likely to qualify them for comparable position and pay in other companies.