Pros
if you lucky then , > Flexible timing > No work load pressure > HR Polices are good enough else everything is in you managers hand.
Cons
>I hate those stupid leads who don't know how to work and how to get work done. >Don't believe on oral commitments. >annual appraisals % is very low. (0-10) . you may get more(not more than (20 %) if you are lucky. > with exception to some talented individuals, you will find dump people as you senior(mostly). > some project moved to latest technologies,however some are still behind due to these dump people as they are there for more than 5 years. > No more onsite opportunity,if you ask for then mangers are smart enough to convince about how are they trying. > they say 'Fortune 500' but managers lack in that thinking.