Pros
Company is well respected in the community and has an excellent reputation. It's a good company to have on a resume. They have a good client base and many of the people who work at Ernst and Young move on to work at jobs in the corporate sector, taking jobs at their client sites. This company is an excellent stepping stone to move through the corporate world. They have been around for almost 100 years and have been able to keep themselves and their reputation clean. They hire people who fit their mold and align with the company policy. They are a good company to work for if you are looking to make a career in audit, tax, or move on to the private sector.
Cons
Feedback isn't constructive. A class system attitude. One department doesn't seem to know what the other department is doing. If communication between segments was more accepted work would be done more efficiently.