Pros
If you have a pulse, you will be hired. If you fit the mold of the ideal citizen (any of the following: sociable [think high school ASB], moderately good-looking, sycophantic, one-trick pony), you will be promoted instantly. This can be good news for some, especially those looking for the illusive entry-level position in our broken economy. Perks include free snacks, casual dress code, free headphones, tons of autonomy. Truly opiate of the masses.
Cons
There is no justification for most of the decisions made here. This includes everything from investment decisions to marketing strategies to employee compensations. Management apparently throws a dart at a wall of potential salaries to determine your life-long salary. This can be disheartening to some, particularly those that value rational decision-making. For this reason, do not expect diligence or intelligence to be duly rewarded. Also, a lot of distracting office politics in recent times.