Pros
I've been with ABB for almost 15 years. In general the company has been good to work for with fair compensation and benefits. As a global company there have been opportunities to collaborate with colleagues around the world. ABB has also taken a more strategic view of business. Not to discount the importance of monthly, quarterly and annual business objectives but ABB has tended toward a longer strategic horizon than some other companies I am familiar with. ABB has a culture of integrity, safety, quality and innovation -- all of which contribute to a positive place to work.
Kontras
Over my time with ABB it seems that the United States, while nominally an important market is seeing increasing off-shoring of both manufacturing and managerial positions. Today, ABB announced that consideration of annual merit increases will be deferred until later -- perhaps at the end of Q2 (normally this is a March activity), but no firm statement that this is only a 3-4 month delay. At a time US unemployment is at a record low numbers and many companies -- particularly global entities -- are moving to repatriate jobs and give both bonuses and significant pay raises, ABB decides to NOT take care of its loyal employees. Instead they spend $2.6 billion to buy a failing division (GE Industrial) from a competitor that knew it's days were numbered.