Pros
By assisting displaced employees position and market themselves, I know my efforts are valued by those I work with and have a positive impact. Working remotely provides a great opportunity to find that sought after work/life balance. The team I work on puts much effort into staying connected and providing training and assistance. They have an excellent mentor program for the first few months, monthly team meetings, and bi-monthly small group training sessions. I think all of these things facilitate connection that is important to most who work remotely. The team leader/project manager does an amazing job with a heavy workload that is productivity driven and service focused. With those two focuses countering each other, having a leader who can drive both goals simultaneously is a major factor in the success of the team.
Cons
The team I work on is continually finding ways to improve processes, products, and services, so I really don't see any specific cons because efforts are always moving towards enhancements and improvements.