Pros
1. Working from home is an option. 2. You will get to learn hands on, how not to run a company. 3. You will have to learn how to create stress coping and mitigation strategies to deal with over zealous/aggressive leads. 4. They will let you know what you need to do, why you are not smart enough to do what they do and how to act professionally. If you love comedy, jump on board. 5. One of the two contract managers is legit. Awesome guy to work with. Very smart. 6. The Global Program Manager is the man. One of the coolest guys I've ever met. I wish he was more involved. He could have saved the operation. 6. You can apply for other jobs with your down time.
Cons
1. Constant power struggles. 2. Forced to use old beaten paths. Management will tell you they are open to change to get you to join the company, but once you join they expect you to follow blindly. 3. You are a metric. They only care that you hit the bottom line. You need to report time in 15 minute increments. 4. You will be hired for one position, but be expected to work on anything and everything they assign you, even if it falls outside of your scope. Once again, you are nothing but a number. 5. There is no trust. 6. Yearly lay-offs. You are hired for a role they forecast. In my situation, there forecast was dead wrong. Remember contracting firms make money by staffing roles for partner companies. That being said, if they can create a need for a role that doesn't exist yet, they will. If their partner company buys into it, they make money off of you. If that company realizes, this new role isn't fully utilized, or needed, you will get laid off in a second.