Pros
Just about everyone who fell for the line about how hard CLS is trying to modernize is in the same dissatisfied, demoralized boat.
Cons
Employees are recruited because they are experts in their fields and are asked to make significant improvements at CLS. They are often not supported by those who recruited them and in fact are marginalized for making the very changes they were asked to bring about. The company is a revolving door of people who came in thinking they could make a difference and left as stressed out, disillusioned human wreckage. Human Resources creates new and inventive ways to further implode employee morale. This year, CLS introduced "pay for performance" in which people who have survived there for years accomplishing nothing were considered top performers and those who actually tried to make a difference were forced out or fired before Christmas. It is astounding that the Fed hasn't noticed that the company hasn't made any great strides, mitigated any risks internally or externally and is hemorrhaging people. CLS is someplace you go for a year and then move on to something better as long as you don't actually plan to do a good job.