Pros
A large company with significant international presence. Opportunities to work in many different disciplines/functions. A fantastic brand name - which is a major reason why folks want to work with the company. Engineering excellence is a hallmark of the companies psyche. Not too much oversight (in general) as to whether you are doing the hours - more focus that you are achieving your objectives. However this very much depends on the particular manager that you report to. Some real interesting/characters work at RR so there is plenty of opportunities to interact with folks from various backgrounds.
Cons
Not the best pay/perks compared with others in the same space - but folks seem to remain there regardless. Leadership had, until the last 12 months, been great. Maybe due to financial pressures - resulting in panic measures - leadership has 'lost its way'. For new prospects wanting to join the company - I would advise that you must make your mark and take control of your destiny otherwise you will be sidelined. Workplace environment is mediocre at best. General apathy across the patch results in a relatively mundane/boring environment. It is the newcomers that want to generate 'excitement' - but become disappointed when the population remains complacent and happy with things the way they are.