Microsoft

Excellent Work-Life Balance - Most teams are very flexible with working hours. As long as you get your work done and you're not completely AWOL, you'll be fine.

No questions asked when you want to take a vacation or need to take a sick day.

Good Career Growth - You may have to put in long hours if this is your priority, but you absolutely can move up if you want to.

Self-starters are encouraged on most teams.

Bureaucracy - With so many layers in the organization, things are bound to get lost in the shuffle or muddled by middle management. Most of the time, it's fine, and management does a good job shielding SDEs from churn, changing priorities, etc. But too often, developers get hit by reorgs, and if you're unlucky, it can really affect your career path. It is hard to gain a lot of momentum and good feedback when you're being shuffled from place to place.

Keep prioritizing the employees!