SAP

It's a tech company. Pay is reasonable, given the lowball "salaries" (if one is lucky to have one) that have become standard in the economy. Benefits are good.

Zero visibility to those on the ground. All major decisions are made in Germany and are often shortsighted and/or senseless. Developers who aren't in Waldorf or Bangalore often get the short end of the stick while expecting to conform to half-year deadlines. Teams are spread out across timezones, making it difficult to collaborate effectively. Core backend technology is severely outdated and causes a lot of problems with modern client-side application implementations (i.e., mobile).

Listen to your bottom line. Don't make pie-in-the-sky decisions based on what the latest "hot trend" is and try to adapt it to your 1970's COBOL-knockoff backend.

Fix what is broken first, then try to move forward.