Pros
If you are not a manager, you can get work experience but don't stay.
Cons
A manager of 10 hourly employees earns more than an engineer with MS degree. Bonuses for the management are based on them achieving goals sent down from on high. The corporate philosophy places almost all their emphasis on meeting the quarterly financial projections ("numbers"). Goals are often unrealistic so when they are not met, then those doing the actual work in the group must be rated low ("C"). As a result, many engineers do not get pay increases but of course the managers still do and get their bonuses. The Six Sigma quality program was used to take cost out of the business instead of increase work quality. When the economy is bad the management uses it as an excuse to freeze pay and make layoffs instead of figuring out ways to sell more. Etc...