Vantaggi
The benefits package is solid. Health, vacation, stock options, ESOP. Cree has a cafeteria and gym. They also promote donating to worthy civic causes - blood drive, etc.
Svantaggi
As many have mentioned, the work/life balance is inadequate. Most exempt employees are expected to be available 24/7. This includes holidays, weekends and vacations. It is not unusual to be on conference calls, or receive emails that you are expected to respond to, at 10:00 at night. As a result, tension is high and there is a high turnover of employees. Interestingly, there is also a high churn rate for supervisors and managers. It appears rare to find a manager holding their position for more than 2 years. They either leave, or are moved to other positions.