Pros
The best thing by far is the work. You will be exposed to complex client issues that will challenge you to solve. The second best part of the job are the clients. The clients who hire Deloitte have bought into the hype (or just need a big four opinion) and will look to you to help solve their problems. You will get opportunities to shape some of the countries top companies.
Cons
Where to start? The corporate structure of Deloitte is based on working the staff and Managers to death in order to create maximum profitability to the firm. While that is not a surprise to anyone who knows this business, the not so well known part is that all the money goes directly to the Partners pockets. Deloitte which once paid people well and attracted good talent now pays at or less than industry but the hours are endless and the job is becoming thankless. The mantra is wait till you make Partner, you will make big bucks then. Until then, forget your life, your worth any your self esteem. Its all about making the Partners rich. So how does Deloitte continue to get rated a top place to work despite ranking dead last in work life balance in a recent poll of Fortune 500 companies? Great marketing and specialized benefits for a small few that the company can tout to the ranking firms. You, however, will not see great benefits. What you will see is a pathetic 401-K plan which basically contributes nothing to your retirement (again they say wait until you make Partner, the pension benefit is awesome - for the lucky few), a generous PTO plan that you can never use (by the way taking vacation actually counts AGAINST your metrics), and an Independence policy is more invasive than a colonoscopy (they can actually make you refinance your home if you have a mortgage from a firm they feel conflicts you - if you have a good mortgage rate but work in an office that has a relationship with the underwriter you will be refinancing at a higher rate - the firm just doesn't care about your financial situation or the negative impact these decisions can have). So if you still want to come work here, know this, your career progression will have little to do with your abilities or your success and 99% to do with how well you play office politics. Cozy up to a Partner to champion you in the firm and do anything he or she wants for the 7-10 years it will take to make you a Partner. If you truly have any talent you will get your money in the market, if you have mediocre talent and do not see anyway that you will make a lot of money in your career and that is important enough to you to go into indentured servitude for several years, check out Deloitte. It could make you rich but it will definitely make you a bad person.