Pros
Great pay, you get paid commission which increases when you get promoted and it is the highest commission I have seen in salons. When you don't make commission you get paid a base hourly rate. Great benefits including insurance, vacation, free products, great discount to use in the whole store. Education is great, they are a Redken salon and give free education in which they pay you to go to. Has a steady flow of clientele. To get promoted there is a clear cut path to follow.
Cons
When your not busy you have to work the retail floor (and the setting even in the salon is very retail). You have to deal with the corporate heads, which for hairstylists is a harder thing to do. Ulta has their own guidelines so it keeps you back a little from being artistic (i.e. dress code, hair, and tattoos). There can be a lot of discounting on services which can really drag down your numbers.