Pros
Once upon a time, yes. Presently, it's more of a theoretical concept.
Cons
Four years here, consistently strong reviews, consistently exceeded expectations and somehow, consistently the same paycheck. For a while I told myself the tradeoff was fair: modest pay, but at least a sane work-life balance. Then they rolled out a 'productivity tool' that is, charitably, spyware with a UI, and that particular silver lining quietly disappeared. Product development would likely be a ghost town by now if the job market weren't quite so unforgiving, nothing keeps people in their seats like the absence of better options. Meanwhile, leadership has had something of a religious conversion to AI, and seems genuinely convinced that engineers are just a slightly more expensive version of a for-loop.