Pros
The managers I have had are very flexible. They allow everyone in software development to work from home 2 days a week and don't mind you working from home if you or a close family member is sick. 6 weeks until I went on maternity leave, my boss called me and told me that he would allow me to work from home until I delivery my baby. I live an hour away from the facility so that was very nice of him. My workload is as I choose it to be. I can take on as many projects as I have time for. There are also a lot of opportunities to gain lead experience or to move over to admin or database work. If you want to go back to school or take up a certification, the company will pay $15K per year in my sector. I really like working for this company.
Cons
They aren't upfront about pay so you don't know if you are being paid fairly or not. There are also secret bonuses that certain people get offered discretely. Lastly, promotions are kept quiet. There are some level 2s and 3s that will only list Software Development Analyst on emails and such. Because pay isn't published, you don't really know how to plan your career path.