Company: Microsoft
Date: 2010-09-07
Overall rating: 4/5
Employment status: current

Come for the prestige, stay for the benefits
Pros: Microsoft has a huge product portfolio, so if you've grown tired of one product group (say, Word) then you can transfer to another one and still get to keep your benefits, seniority, etc.

Also, the benefits are awesome.  The only way you'll find better benefits package is to become a United States Senator or the CEO of a bank that's too big to fail.
Cons: Once you get into a discipline, you pretty much pigeonholed for life.  So, anyone telling you to interview as an SDET to get your foot in the door either hates you or doesn't know what he/she is talking about.

Also, we're very big on politics here.  Technical skills will only get you so far.