Cisco

Big bucks in the bank insulate this company from a lot of mistakes. Cisco has great benefits, a nine-to-five culture, very good pay, excellent market share, and nice buildings. Employees are generally empowered to do stuff, unless it's innovative (see below).

Absolutely no career growth (unless you want to move to India).

No ability to cross over business units or get into new technologies; it's a very static environment.

Cisco generally hates people who innovate because that activity is inherently risky. If Cisco wants innovation, it will go out and buy it.

Mike Volpe once said that Cisco didn't need to do R&D because the whole of Silicon Valley was its R&D lab.

Think Employee Development! Try a little internal R&D once in a while! Promote people on merits other than PowerPoint skills.