Google

Good benefits and good salaries. Google treats its engineers very well, even in these economic times.

Very smart people, world-class engineers (quality varies from group to group, though) that make very fun co-workers whether to discuss life, politics, or engineering.

Big impact. You know the stuff you build can affect, positively or negatively, millions of users.

• Inconsistent vision. You're never quite sure what senior management is thinking, or whether they have a master plan. In fact, after working there for several years, you're beginning to think they don't. A lot of decisions are whim decisions. Projects get killed on a whim and resurrected on a whim.

• Launches & rollouts [are] extremely frustrating. A lot of launch gates & reviews, some are understandable but some are quite ridiculous. Too few people control too many aspects of things.

Stop pretending you're a "big company with startup culture." Admit that the "startup culture" is gone and it's time to build a new culture based on reality.