Pros: Interesting work at good pay, variety, constant mild change, good benefits, and a clear idea of what to do and not do. On the whole, it combines most of the best aspects of working at a large corporation with few of the stifling drawbacks. The internal blogs get pretty caustic, but I've never heard of anyone getting even reprimanded for it, and it can even change things for the better. Managers are expected to be able to do what their reports are doing, and I see them doing it every day.

Cons: Outside the fabs, not so secure. Possibly not as energetic and flexible as you have heard. Some areas, groups, or divisions are stuck in neutral with no plan for overhaul—not mine, but that's what I've heard.

Pros: Good benefits, constructive working environment.

Cons: Not a lot of perks for on-site workers, like free food.

Pros: Good benefits the longer you are there.

Cons: New hires will get paid more.