Pros
Has the propensity to provide access to internal hiring for Siemens.
Cons
Healthcare benefits are astronomical. Lay-offs are conducted by telling the recipient that they are being laid off, and then asking them to clear out their desk; treating the recipient as if it was due to some sort of serious violation. Generally, contractors are not given any time to find other work. An often used phrase by contractors refering to their jobs is "second class citizens," unfortunately this is spot on. All contractors are given the most dreaded of work, and not given much responsibility. If you are looking for a job with Siemens, and are just trying to get your foot in the door, give it a run, as long as you are prepared to do a lot of grunt work to get there.