Pros
Culture: Amdocs has taken work culture from US and Israel, so it has many events big or small, throughout the year. Increment: it is still better than more than average companies in market. Freedom of work: if you are older in company then it is like home to you. you can govern your work timings yourselves except at critical junctures of project. You can choose your career path with manager supports. Learning: you will get minimal supportive training if you are lucky otherwise you need to learn yourself Travel: short term travel is good but don't get trap into this. Breakfast and Evening Snacks: some people enjoy this as it is coming free and people starts gaining weight :) Career: if you are good enough and technically strong then you have very good chance to involve in project decision making.
Cons
Work flexibility: it is not easier to switch between projects unless manager is supportive or you find it yourself. Perks: In past, it used to pay higher than other companies but now it is same like others. Management: people become manager by their number of years in industry but that does not make them good managers. Current generation of managers who were developer in the same company, forget what were the issues they faced in their time and now behaving like their managers of their own time which they didn't liked. Benefits: it started decreasing benefits like transportation cuts, extra bonuses. Once transportation was free in Amdocs but now it is chargeable and within particular time slot. Work from home: work from home is discouraged if you are below management level. HR Team: these people are only for formalities. they don't have say in employee grievance redressal. They come into picture three times: one on joining, second on events, third when employee is leaving.