Pros: flexible hours, good benifits, excellent relationship oppritunities
Cons: poor wages, inappropriate student work envirorments, poor support strucuture benifits going to get cut
While grad studies is always a difficult endeavour McMaster university chooses to make it harder by having incredibly poor wages (bairly livable in Hamilton). This is countered by the reasonable benefits, which are far in excess of most other universities. However these benefits are being compromised by poor management and stagnant wages. As of right now all the medical benefits were on the cutting block due to stagnant student wages.
Furthermore if you are not industrially funded you will be unlikely to get a position. And even still the university is taking the lion's share of the money and the students are living below their means.
This system is not sustainable and labour action is inevitable. Now the conservative government no longer forcing favourable arbitration decisions on the union, it is unlike the university can continue.