Pros
It's a reliable place to work and they don't play games with your money. They're trying to change the culture, and the success of that hinges on the direct leadership you end up working for.
Kontras
The IT teams lives and dies by the budget the business has to spend: if you don't have a budgeted project to pay for your time, you and your manager have to find busy work and cook the books to make it look like you're fully funded. It's probably better after the Brighthouse split, since that put a lot of budgets on hold. In the new NC hub, they put XBox rooms on every floor, but managers frown upon using them. This probably sounds petty, but to have a highly visible, fun room with a game console right by the elevators ends up highlighting that nobody's comfortable playing games there.