Pros
You can work your own hours as long as you deliver assignments on time. Many work groups will allow you to work from home at least part of the week. Benefits are not terrible but you will sure pay for them.
Cons
Where to begin... if you are a developer like me you will face needlessly complicated applications and tools on the order of being nearly useless for all of the bloat and broken functionality that will come with using them (case in point RAD). Since many of the accounts IBM has have been around for such a long time you can trust that the code base will be such a nightmare to maintain that its level of complexity and quagmire of IBM proprietary software will be the only reason the company has not already ditched it for something better. Compensation is very low for the amount of work you will be performing and your manager will be so busy with their own projects and managing all the other people under them (40+ people) that they will have no clue what you actually do ... or even what project you are on. The promotion and performance measuring system are both a total joke... there is nothing personal about it you fill in some forms and have a talk with your manager... who again, knows nothing of what you do. Utilization is the word of the day and in the end all that matters to IBM is how much money you can pry from the customer’s pocket book. Lotus Notes is absolute garbage and you will have to use it every day. IBM is in the middle of a social transformation and trying to become more like Twitter, Facebook and the like. We are forced into using new social media type applications by integrating them into project work flow… it does not work out well. There are many other complaints that I have about IBM but explaining them to people outside the company would take much more room than I have in this small amount of space but the bottom line is that IBM is the Titanic and the captain just ordered the engine room all ahead full seemingly oblivious to the icebergs. Good luck Ginni... at least you have your 4.5 million dollar bonus as a life preserver. I fear the people stuck in the engine room will not fair as well.