Pros
Annual bonus/performance share as a percentage of salary can be counted on at year end. It is a better bonus than I ever got with EDS.
Cons
Not enough personnel. They 'acquired' my team from EDS where we had 12 people supporting 3 applications. The three of us that stayed with the project and converted to Verizon were assured that replacements would be hired for those that did not transition. Only two temporary contractors were hired and one is gone. We now have 3 people trying to do the same job as the original 12. We cannot hire any replacements, so a 50 hour work week is the norm, with a growing backlog of work. To top it off insufficient funds were allocated to the budget for the people assigned (much less the number of people actually needed!), so important work is going undone because there is 'no budget'.