Pros
Good starting salary and competitive leave packages. If you can get into the right business unit, management can be acceptable. Some BUs allow telecommuting and work with employees to improve home/life balance. SAIC was an OK place to work through the end of 2012 (see cons for explanation).
Cons
Each working group is its own little fiefdom with no standardized oversight. Work comes in waves so there is either too much work to complete in a normal work week or not enough work and employees are laid off. Once hired, raises are 2% to 3% for those who are “above average”. Benefits have been gutted for 2013 with health savings accounts replacing medical insurance for 90% of the workforce. This change saves the company thousands of dollars per employee and the employee takes a massive pay cut from the benefit reduction. SAIC upper management has stated in a meeting recently that employees are now expected to complete all training (even mandatory training) on their own time.