Pros
Stability - Employment, income, benefits are decent (far from best). Ownership structure.
Cons
Each year they ask employees to complete a satisfaction review survey. Sounds like a good idea, right? What they don't tell you is that if you give low scores they take it out on your manager, who then takes it out on you. Corporate virtue signaling - Things like "diversity and inclusion" at Vanguard. Many of the employees are disgusted by the phony attempt to virtue signal to the investing public and prospective employees. The worst part, and this is very concerning, is that Vanguard talks about abusing its power to push a "diversity" agenda (gender, race, sexuality - basically anything but thought) in board rooms of publicly traded companies. In other words, they're talking about abusing their fund investor's voting privileges to push a diversity agenda on publicly traded companies. So, instead of focusing solely on operations, outcomes, qualifications, profits, etc. they want to pretend they're concerned with the "diversity" of the board. This is a serious threat to public markets that should not be taken lightly. Businesses operate on things that make sense, they're not public universities. Wasteful, top heavy management. Most managers, but not all, want you to kiss up to get promoted to the next level. A manager at Vanguard is NOT the most talented, just the most indoctrinated and subservient peon. When it comes to hiring, they don't focus on merit or expertise, they focus on how good of an actor or actress you are, how well you can pretend you're as indoctrinated as they either are or pretend to be. They want other indoctrated individuals. It is like a disease. Are you submissive enough to get promoted? Shameful and weak.