Pros
GE has a great reputation in the industry and can be a spring board for future career development. Whether you seek to pursue an MBA or accelerate your career through work experience alone, GE is well known throughout most of the world and companies and institutions hold work experience at GE in high regard.
Cons
Training and work-life balance are both non-existent at GE. From a training standpoint, there are so many tools that no one really has a handle one. When you start a new job at GE it is completely sink or swim. You must learn the tools or fail. In order to take on this responsibility, a 40 hour work week is unheard of. Every employee I work with answers emails at 8, 9, or 10 pm. Those who try to work 40 hours a week are typically out of the company in less than 2 years. In addition to the lack of training and work-life balance, employees of GE are typically paid less than their counterparts at major competitors. Because GE has such a strong reputation world-wide, GE Human Resources managers know they can offer less to employees, expect more out of them, and people will still come and work for GE, at least in the short-term. Because of the lack of training, work-life balance, and adequate pay, the turnover I've seen at GE has been very high. I have seen 2 managers and 3 sales engineers leave in the last 3 years. This is out of an office of a manager and 6 sales engineers.