Pros
Paycheck comes in every 2 weeks. 3 weeks of vacation at 4 years of service iirc (4 weeks at 15 though). Salary is decent if you have to be onsite or can't be outsourced.
Cons
On the sinking ship to nowhere. Uses Lotus Notes for email/calendering. There are employees who have not received raises for years. New HR policy says employees (well, those that are left) are graded on a curve for which 40 percent of you suck therefore get no raise (this is to ensure upper management gets their bonuses). Benefits reduced every year - pension plan stopped, then vacation accrual bank halved, then insulted us with 50% buyout of vacation balances, then furloughs even though we are an outsourcing company and have customers to support - managers told to lie to customers about resource shortages during forced vacations, then told to burn all vacation before fiscal year ends (in MARCH!!!!) so you have barely anything if you have kids and summer vacation plans, then insults employees again with a 40% vacation buyout, then changes your 401K match so that they basically steal your match money until the end of the year so they can use it to boost their stock price - then fire people before the end of the year before you get it since they payout at the end of the year. If they can't outsource your job to India then they open up a low cost center, oh, sorry, now a "Center of Excellence" in some podunk town in some awful place and offer you 30% of moving costs or you may no longer have a job. Last few reorganizations give you managers who have absolutely no idea who you are or what you do, so when it is time for "cost take-outs" (CSC's new euphemism for layoffs) you can get canned for no reason and your client won't know either since the organization thinks clients have no specific knowledge requirements. Oh, with 80K employees, has to hire a firm to design idiotic new logo instead of asking employees.