Good work and pay while it lasts.
Pros: free lunch, casual enviroment
Cons: contract work, poorly fitting lab coats
Most new employees are contractors and for contract work it has good pay and free lunch. However, when the time for re-enlistment comes up, most people are either switched to actual employment or let go. Unfortunately, your actual skill at your position is negligible compared to the money that department has for the purposes of being employed, so don't get too comfortable.