Pros
Absolutely no pros at all. I would give zero stars if I could.
Cons
Launch's parent company, The Planet Group, is owned by a private equity firm called Odyssey Investment Partners. In case you didn't know PE firms don't care about people at all. This is reflected in the terrible health insurance, 401k, and management policies. The health insurance is expensive, especially with the monthly $375 spousal coverage surcharge. That's an automatic pay cut right there. The 401K plan has a .45% plan fee and terrible investment options, which is egregious. Good luck getting your 401K to grow. The "unlimited" PTO plan is not in fact unlimited. For legacy Strive people, your bonus is tied to utilization. This means any bench time means you either don't take PTO and hope you aren't on the bench long enough to tank your 88% utilization target or take PTO and forget about your bonus. For legacy Launch people, they get unlimited PTO since there's no incentive for them no to do so. They don't have utilization targets tied to anything. The middle/senior management is entirely clueless and ineffective. There are too many layers of useless managers. Middle managers seagull in on engagements without any context for what happened previously and wreak havoc. Senior execs make completely unrealistic back room deals with external execs to land the work, and completely hose the delivery team that has to try to implement that nonsense that was sold.