Pros
The name is by far the most appealing aspect of working at Paramount Pictures. There's a certain sexiness quotient to saying you work at a major Hollywood studio, and we have turned out some terrific movies in the past couple years. We are also entitled to some great perks such as DVD discounts not just for Paramount and Dreamworks movies, but all DVD's released under the Viacom umbrella, which includes Comedy Central, Nick, MTV, etc. The Paramount lot is a fantastic place to work too, as you get to visit some truly historical areas and sound stages. Running into the occasional movie or TV star doesn't hurt either.
Cons
You have to deal with some tremendous egos, and there are different sets of rules for different people depending on who you report to, which department you're in, and how far things get escalated. While this holds true for probabaly 99% of the companies out there, the problem seems amplified at Paramount. Work too often is reprioritized depending on who's complaining the loudest. If you like a lot of structure and sameness, this is not the place for you. Additionally, not much is done in the way of promoting or encouraging work-life balance and there is no formal program that allows for a flex schedule of any type.