Pros
People still think about the Neiman Marcus that existed when Stanley Marcus was alive so it's great to have their name on your résumé. The compensation they offer is very competitive.
Cons
They are no longer the great company they once were. I was in a management role there and have many years of industry experience. The culture at NM is very secretive - with associates and customers. There's a lot of "smoking mirrors" about business (ie. saying things are good when business is really terrible). The company is basically working in the red. With the second sale to private equity buyers the company now OWES more than they are worth (according to an article in WWD). They are constantly turning out the same old sale promotions over and over expecting different results. There is no innovation or thinking outside the box. Corporate is obsessed with what their competitors are doing instead of focused on ways to rebuild their brand and generate real sales.