Pros
GE is making decent revenue in this economy despite being labeled "a bank". For the most part, experienced professionals at GE are smart, hard working, process oriented and respectful. I work with bright people who really want to make a difference despite cost cutting. High integrity. Good work/life balance.
Cons
Employee compensation and benefits nowhere near where they used to be. You DO NOT work for GE for the pay or benefits anymore. Those days are over. Only those in leadership training programs get the worthwhile promotions...regardless of their knowledge and accomplishments. Budgets have been cut so drastically, you'll be working with MS Office 2000 and IE 6. Projects for the past few years have been focused on cost cutting. Not really any good new projects.