Pros: Mediocre wage
Cons: No more free lunches, arbitrary out of date hiring process, ten year wait until full-rate, mandatory saturday overtime, incompetent management and human resource employees
Worked as a student contract for 3 years until I graduated and have witnessed the continual degradation of product quality, work conditions, pay rates, and management incompetence. If you're lucky enough to pass their arbitrary hiring system, you'll be stuck destroying your body, losing whatever social/personal relationships you have, and will be stuck making just over half rate of what the permanent team members make. Critical thinking individuals need not apply.