Pros
Overtime is paid and the managers in my team have always been very respectful if someone didn't want to do overtime. The environment is rather friendly, mostly young people. Never heard about bullying employees.
Cons
The location is not for everyone, you have to live in a town nearby for it to pay off. Not many options for having your lunch out. Extremely flat company structure gives very little chance to get promoted - unless your team lead resigns and you happen to be the second longest working employee. No bonuses (except for Christmas voucher) and very few events organised and relatively low salary (compared to other companies in the area), which is partially made up for by the fact that you don't have to work long hours if you don't want to. The job can get very stressful, but not more than at other companies from the industry.