Pros
If you are staffed, lots of experience in industry, on the shop floor. Some of the most capable, intelligent people I have ever met.
Cons
There are not enough projects, Have not been for a year and a half. So, odds are you will find yourself not staffed, which cuts your pay significantly. But the problematic part is that you can be staffed, on a project, and still not receive your On Site Bonus (OSB). This is nearly a quarter of pay, and at higher grades becomes an even higher portion of your compensation. Read your offer letter very carefully. You get a lower salary than industry average, but get a percentage of your client fees (OSB). In principal, this sounds fine. But, the company can choose to staff you on a project, and not bill the client for your work. They do this to sell projects at a discount, to try to staff people. Your percentage of your fees, therefore, is multiplied by zero, since there were no fees. You have no control over staffing, but they will choose to do this to individual employees, and put the business risk of discounting the project on your personal pay.