Pros
Autonomy to do what you need to get things done and ample opportunity to take on projects and gain experience for the next career move. 401k is still in place as well as continued education for now.
Cons
Salaried gutting of our healthcare, pay freezes, and hiring freezes are just the most recent transgressions that has caused a mass exodus in the past six months. Throw in no accountability, no internal job posting process, no maintenance personnel to get the 100's of jobs in the queue accomplished and it's no wonder there has been a surge of resignations by the salaried folk. If driving all of the self-motivated and driven people out while keeping massive amounts of excuse makers, flag planters, and paper engineers was the plan, then buy all means a congratulations is in order corporate.
