Pros
Very focused on career development Designed for internal collaboration rather than competition with open salaries, clear levels and expectations, and openness around what all individuals are working on from college hires to top leaders Low politics for trying out new things Demonstrated will to choose developing people to their greatest potential over just increasing revenue/profits Very low power distance across the company - it's easy to get a meeting with the CEO or anyone else in the C-suite if you have something to discuss and everyone is more focused on helping you get your ideas out there rather than explain why they won't work, etc. Strong emphasis on D&I, bringing your whole self to work, meeting people where they are at
Cons
Not for people who aren't looking to move forward in their career - parking isn't favored It's hard to level people coming in from the outside accurately - can end up over or under which isn't obvious until you have some experience with the company There is a limit to how fast you can go - 1 level per yr No direct bonuses based on performance, the primary incentive is moving up in levels/salaries