Pros
Working for the world's largest semiconductor company brought certain pride. Competitive pay package with Total compensation = base salary + employee bonus + profit sharing + stocks since some high tech companies have scaled back / eliminated employee stocks. Intel is a good training ground for new college graduates.
Cons
"Ranking and Rating" (R&R) aka "Rank and Spank", the annual performance review process, drives the hyper-competitive environment within Intel (not necessary a bad thing). However the going gets rough when everyone performs but someone has to pad the curve. So this puts a lot of stress on the employees. Also information sharing and team work often suffers as a result. The manager is the only voice representing the employees in a R&R session. So a person can get the short end of the stick if s/he does not get along with the manager even though the process is supposed to be objective.
