Pros
Overtime by salary employees is encouraged, but only when actually required. You are not expected to stay late just to be there over 40hrs/week. Like anyplace though, when the workload demands it, you will work some overtime.
Cons
Management is more concerned about using company profits to refurnish their offices, lease newer luxury vehicles, and take extended overseas "business trips", than giving back, in any way, to the employees. In the 7 years of my employment, I have had a total raise of 4%. This was NOT a preformance based raise, but limited companywide. At the holiday party in 2012, the president was "very excited" to announce performance based raises would be given this year. Well of course the employees were happy to hear this, but the maximum allowed was a whopping 2%. In addition to the lack of monitary compensation, management does not feel the need to give notice to positive employee performance with even a satasfactory word. My specific position allows me to make recommendations to improve safety, and I have done so on several occasions. In most cases, my suggestions have been rejected due to "excessive cost." In one specific example, the failure to correct the issue I had identified resulted in the injury of 2 employees, both very serious. I am quite suprised there have not been any fatilities to date. Any serious advancement is directly related to your knowledge of German. If you don't speak it, good luck advancing.