Pros
As far as corporate jobs go - a solid experience. With typical problems, but also reasonable opportunities for growth and career. Good onboarding. Reasonably organized systems. Good staffing and ability to rotate teams/projects internally. The company seems very motivated to protect its employees from project turnover, even at the expense of maintaining a large bench. Acceptable coding standards. Honest effort to deliver code of a certain quality, even if customers can't review the product directly. Generally a good place to start an IT career for women, foreigners and minorities.
Cons
Difficulties in maintaining quality of delivery and working conditions between engagements. Employees hired on the same day and working side by side can have completely different experiences within the company. Very poor HR department. Poorly organized T&D; most courses are aimed at entry-level employees, mid-level employees at best, relatively limited offering of instructor-led courses. If an employee is unlucky enough to be assigned to a project with a "difficult" work culture, they are most likely on their own.