Pros
Company is going to go public, so if you get stock in your compensation, it could be a nice little pay-day.
Cons
H&F took Kronos private a while back. Kronos was a struggling company and it seems like H&F wanted to buy it, "clean up" the books, and take it public again. However, it seems like that wasn't going well for them, so they took Ultimate Software private as well with the intention of merging the two companies, because the combined value is worth more than the sum of the parts. This is what "cleaning up" the books looks like at UKG: An extreme push, especially in certain departments, to use contractors from India. In and of itself, this isn't an issue. The issue is, management is offering 2 or even 3 heads in India for every 1 in the U.S. The powers that be want to cut workforce spending to make the books look better for when they go public. At the time of the merger, Ultimate Software was at $2 billion in revenue and growing, with about half the workforce when taking into account contractors. Kronos was at $2 billion and shrinking because of poor management decisions. They decided to keep Kronos's management instead of Ultimate's because they felt Kronos's management was more experienced. The only thing they are more experienced in is making bad decisions over and over again. Management doesn't care to fix this. One town hall, when asked about the attrition, the CTO said everybody was replaceable.