Pros
Very ethical. They try to do the right thing. People are professional, nice & not cut throat Great medical & financial benefits. They still even have a pension. Large stable environment in most departments. Good financial performance.
Cons
Very process heavy, bureaucratic. Very difficult to get things done. People in corporate HQ can ignore you if you need something from them but once they need something from you, it's always ASAP! They are trying to centralize a lot of functions so they answer directly to corporate. While it seems like they are trying to make corporate level positions open to other offices, most opportunities to move up are still in Franklin Lakes. They have acquired a lot of companies recently but tend to stifle their innovation with process. They are great at FDA approved medical devices but not at fast moving, research heavy products. Most of their recent innovation has been through acquisition, not internal. They are moving some manufacturing and even some software engineering jobs outside of the US so there may be a decline in lower end manufacturing and easily off-shored jobs.