Pros
Better pay than a lot of freelance jobs
Can choose your shifts
No one bugs you after hours
Cons
if you're in the NYC office, prepare to listen to Martin Clarke, the publisher, have a screaming toddler fit at the employees. He mostly does it to the British employees, I guess because they are stuck there on a work visa and can't walk out the door. I've never seen such employee abuse. This, naturally, doesn't make for a cheery office, and most of the editors are glum-faced and inapproachable. The hours can be pretty brutal - a nine hour regular day, no one seems to take a lunch (more of a cultural thing than a mandate), and you often stay late (again more of a cultural thing than a mandate, I seemed to get out on time). There doesn't seem to be any way of rising within the company from the reporters ranks - editors are usually brought in from the UK. There is enormous turnover with most people barely lasting a year. Little to no opportunity to do actual reporting.