Pros
There is no good reason to do that to yourself.
Cons
Salary - ridiculous compared to industry standard. Benefits - when the company experiences any sort of downturn, they compensate by finding ways to make up the difference by cutting employee benefits. Competence of management - there are a very few lower-level managers there who try to make a difference and create a good place to work. They're quickly eliminated. The very poorest, Scrooge-emulating managers are the very ones who stay on forever, apparently rewarded for their 'good work'. This is a company which, in tough economic times, would rather do things 'the way they've always been done' (meaning, as poorly and as expensively as possible) rather than listen to new ideas which would clearly benefit the company.