Pros
Decent benefits program; especially tuition refund for children of employees.
Cons
Highly bureaucratic structure with poor managerial team. Stanford is a non-profit institution whose primary product is education. There is an effort to convert institution into a "for-profit" model supposedly for efficiency. In the process, it is losing creativity, intellectual vitality, and most importantly, it's sense of humanity. Chasing the political winds, using punitive rather than motivation incentives, and overly focusing on monetary goals are making the institution less prestigious. It is also ruining the academic culture of exchange and instilling a climate of fear instead. Founder Mrs. Stanford would be aghast and not recognize her own intentions given how the institution has evolved.