SAP

• Brilliant colleagues
• Nice environment and a quasi-free canteen
• Good salary from a "senior developer" level and benefits, but not very good. You can earn more elsewhere.
• For some people, a company car after 3 years (for me, this is useless).
• Interesting projects, but you need luck to work on one of those.
• Flexible working hours and home office.
• Family friendly.

Under the hood, SAP is a traditional German company with a strong hierarchy, a lot of bureaucracy, and politics.

In spite of PR, innovations are not promoted if this brings no benefit for your manager(s).

Very slow processes and developments.

You do not see how and by whom the product you are working on is used.

Strong budget limitations for some teams, but money with no limits for others. The criteria are how good your manager's relation to upper management is and which technology is currently a hype.

Promotion and salary increases are slow and limited.

High fluctuations.

SAP could be a great place for consultants, politicians, and managers, but as a software developer, you can find much better companies to work for.