Pros
-Flexible in taking PTO whenever you like. -There are a lot of young engineers to form a nice social group.
Cons
-Ladder and ranking system to determine promotions and merit raises. Promotions and merit raises are determined in the previous year (ex: For 2009 year, ranking is determined Nov/Dec 2009) before performance reviews/summaries are written and conducted during (ex: For 2009, Feb 2010) for the previous year. Instead of making everyone's salaries the same, award the top performing employees better raises. -Expand educational assistance to allow engineers to obtain MBA degrees. They are the only top 4 aerospace defense contractor to restrict employees to obtain MBA degrees. -Not much flow down from section managers about job positions in other existing projects within the company in case your current project is ending and phasing out.