Pros
* Strong brand and compelling story. * Your company makes tangible products and your work directly or indirectly extends and improves the lives of individuals. * Good benefits (under pressure due to cost-cutting), good life/work balance. * Pleasant coworkers, some good managers * Stable until your department gets RIF'd
Cons
* The medical device industry as a whole has gone into single digit growth or decline due to recent economic events and public resistance to ever-increasing health care costs. This means continued cost cutting and RIFs. * Risk-averse culture, more concerned with not making mistakes than innovating. This is understandable, but somebody interested in innovation should look at a smaller company. * Lack of accountability. There is not enough pressure to make important decisions in a timely manner or to empower managers and contributors to take risks. * Lack of opportunity for advancement or lateral moves. Promotions are based on loyalty.