Pros
CAISO is committed to managing energy trading for the State. The business is important to prevent the ENRON issues that occurred in the late 90's. The work site is nice, there is good security and facilities. CAISO is a quasi-state of California business deriving their funding from charging back fees to energy Producers and Purchasers as well as floating hundreds of millions of dollars in bonds to support MRTU and operating expenses.. There appears to be adequate funding and the employee medical/dental/401k and Senior Management bonuses are very generous.
Cons
CAISO has been trying to launch the upgraded MRTU program for at least 6 years and until 2009 all attempts have been unsucessfull. At least $300,000,000.00 was spent on this effort. Senior Management of ISO has recently stabilized but they are not empowered. All decisions are controlled by the CFO/CIO/VP. Poor Management at the top of the CAISO tree has caused poor morale and a virtual revolving door of employee and consultant turnover. Employees are in fear of upper management as they shoot the messenger. CASIO has been fined or assessed liquidated damages by governing agencies and the resistance to improve still exists.