PayPal is an excellent place to start a career or coast into retirement. The work atmosphere is very relaxed. If there is a problem or an error one fixes it: no "finger pointing," no "blaming," no drama. Management is accessible and very helpful. The work is interesting.
The upper management tends to get sucked into every new "employee moral boosting" trend to hit the market. Before I left they adopted a "team meeting and Group Cheer." Which worked well for extroverts but the introverts were unimpressed. It would be fine if it was a short beginning of the day event, however with about 40 teams on a floor, the loud disruptive "Raw Raw" events lasted four hours every day.
Ironically if PayPal did not have the following problems they probably would not need employee moral boosting events.
Compensation tends to be low, the ability to advance is limited. The work structure limits the ability to "network." i.e. one may know of an interesting team, but it may be in another building where your ID badge lacks clearance to get in. "Production quotas" and "adherence to the work schedule" prevents one from stepping away from the desk to talk to managers in other areas.
New opportunities may not be open to current employees; e.g. when opening a branch office in another state, despite the announcing senior agent and management positions would be made available to current employees, all positions were filled by new hires; disincentives were slapped on anybody transferring ie; no wage increases, no promotions, no relocation reimbursement, two year "lock" before taking a promotion etc.
It was so bad that after three years of trying to "advancing up" I ended up "advancing out."