Pros
Good pay Benefits Bonuses Transportation Accommodation Free food Promotion holidays family insurance It helps companies get more capital to fuel their growth. It helps pay off existing debt and avoid expanding business plans using debt. Increases public awareness of its existence. It helps develop a goodwill and market for investors and future shareholders. It can also help to pay off the promoters who have so far invested heavily in the business. It is a popular exit/lighten down equity strategy.
Cons
Late salary no ticket no insurance overtime overwork transparency Higher compliance Disclosure norms increase with increase in the number of stakeholders. Always scrutinized by the investment community. Pressure to perform increases and the focus on shareholders' equity takes precedence over promoters. Cost of compliance is very high in comparison private companies.