Vantaggi
The teams I work with are great and the environment we create is good. Some managers are awesome (but are subject to the same stupidity of leadership the rest of us are). Pay is just ok but not market rate for some positions; benefits are standard. Work life balance is good-depending on your manager; flexible hours and telecommuting are generally available.
Svantaggi
All around is chaos and disorganization. Constant RIFs and reorgs have doomed morale; not sure it's retrievable. Attrition is taking the best and the brightest, as well as the tribal knowledge and experience, left after the RIFs. Pay increases are a joke and everyone gets the same thing--whether they actually do any work or not. There is no access to training or conferences for continuing development or career advancement. Most middle management is incompetent. Upper management are brand new (again) and trying to remake a 200+ person org into a mirror of a successful 20 person group by fixing what isn't broken. Complete sea change in software development methodology because new management just didn't get it and they used to be PMs so they want everything run traditional PMO way. There is very little real information about vision and mission any more; it's all rah rah pep rally unless they need something from us; like writing letters to Congress. And if I hear Sajor say one more time, "I really appreciate all the hard work you all do" in that condescending voice I might throw up. I want to say the vision of making advancement through education available to all is great but I have learned it really is all about making money; the constant focus on $$--having to cut budgets and then still having to find other ways to cut costs (to ridiculous levels) after that--is all we hear about any more.