Intel

Great benefits, especially for families.

Generally good flexibility with life if you can "turn off" work at home.

There are MANY internal opportunities to move around within the company, even to other countries if you have the right skill sets (usually engineering management).

Work/life balance can be manager-specific, and internal customers can be a pain. Given the truly global reach of Intel, it is never "off time" with Intel, and it can eat you alive if you let it. There is a lot of bureaucracy that really slows down the company and decisions and can make daily work very tedious. In many positions, you are expected to do far more than a specific job role, though that can be refreshing at times.

Hire for positions, not titles. The focus on hiring PhDs for manufacturing positions creates turmoil in the workforce, leading to low morale, high turnover, and ineffective engineers.

Hire the right people for the right positions, and you will make great profit while also saving overhead. Paying them for their contributions with annual raises will help keep them around longer as well.