Pros
First thing - Well established and managed software development process. At least any type of engineer should aware of business processes in production. DB leaves you a good opportunity to get to know all of this aspects. A lot of things done by management to resolve the main problem - communication. You got own phone number, cell phone, web cam. You will participate in almost all meeting and discussion. You will be aware of plans and decision made within your team, area of responsibility etc. Team of highly educated and experienced professionals.
Cons
New employees should be aware of department/technology interviewed for. There are several of them using previous age tech. A quite big amount of layers of managers( responsibilities ) between you and actual delivery. But this could varies between team to team. Salary amount revision happens once a year and not marker oriented. This problem caused a huge brain drain in 2012. Almost impossible to get a title. Its easier to get one on interview process. Here is my example: - five completed production ready projects with direct business benefits. - project management for last eight months - SL3 24/7 for NY Its all went on Associate title and in 2012 I was not ranked as AVP.