Pros
Great office location, very good health insurance.
Cons
You mostly need soft skills to get promoted / better pay here. As for technical skills, as long as your product works somehow, nobody cares. Infamous myCareer framework praised by local HR is used as an excuse not to promote people ("here is something you don't match yet, and yes, we won't let you work on it"). At the same time, softly skilled people easily bypass those checks. Essentially, you are at the mercy of your manager to be promoted or not. New hires area generally made for the pretty high level in the career ladder (because pay for the lower level is truly ridiculous), but beware of existing employees who were denied promotion to the same level from within :) Extremely noisy office (though there are a few quieter areas). Skilled people are leaving the company as fast as they can (considering the current job market situation in Au), pretty mediocre people are hired instead. Very few people were fired during last years for not doing their job properly, so once you are hired your job is safe :)
