Watch out - it is not as good as it seems. Riddle is going part 142, meaning they will be teaching in Frasca Sims for 2/3 of the training time. I've flown these sims when the first got them (the 172 and Seminole) and they're ok but don't have motion - nothing special.
The Pros:
-Students will solo in the 172 and then fly the seminole exclusively
-Almost all multi time for instructors (when you fly, see below)
-Most of the flights are sims, so you won't get weathered (a big deal in FL!) and you'll bring home a nice paycheck
-Full timers get benefits and get to attend school for free
-I think its around $12.80/hr right now (not sure but may be as much as $14.00
-You don't have to teach much, the ground school there does plenty for the students and gives them a great background
-Students know what must be accomplished and can't get pissed off at you and stop flying if you tell them you must do something xxx way...I find that some of my students doing this for fun are in it for enjoyment rather than education and you always have to please them...
The cons:
-You'll be in the sims almost the entire time
-You'll log approximately 30 hrs per month flight time if you're lucky - I did 100 hrs last month with about 15 multi
-You have to dress up and wear a 'custume'
-It's been my observation that ERAU instructors are getting hired at regionals with MUCH more time than my part 61 FBO in Orlando (on the order of 1700-2500 hrs and 300-400 multi for riddle guys and 1300-1600 hrs and 200 multi for my school, all ending up at the same regional)
-You have to put up with a lot of crap
-You make almost no decisions yourself, all the instructors are doing in the sims are reading a script, and they setup the sim to the lesson specs and you fly it
-No external connections (i.e. several students of mine are/have bought aircraft that I fly)
-Summer time blows, my friends that are IP's there MIGHT get lucky and bring home $300.00 paychecks (that's 2 weeks worth!) for April through August
I got a call to go instruct for them as well, as I went to school there and did my CFI/I there. Luckily I found a great 61 school with even newer equipment that has a much larger customer base. I talked with a buddy who was at 950 TT a fews months back and I was at 600 or so, I'm not at 850 and he's at 1050. After investigating it I found that it was in my best interest to stay where I was logging some good time and a few hours of cabin class twin time per month than go be a sim instructor with the option of flying 30 hrs per month.
Find out all the info you can before taking the job!
~wheelsup