Pros
Very talented people. Decent compensation, especially profit sharing, if hired prior to change in the contribution scale. Decent benefits
Cons
Overall benefits have declined over the years: Healthcare costs continue to increase, Retirement benefits have declined as well. Forced tacked ranking is used. Recent head count reductions have caused stagnant promotions, as each band level is too full. Salary increases become almost non-existent if you have been "at band" for over 7 years. There is no "cost of living" increase, so over time, you may actually be earning less. P&G seems to be struggling with attracting and retaining the newer generation who want more control over their career. They don't rely on the premiss that P&G will always watch out for them and that they will have a life long career with them.