Pros

Compressed Work Week and good pay for area if you can get promoted. Company is very good about promoting from within. You can make a good deal of career progress without a degree. Unfortunately when the chip market is down jobs are shed, leaving it hard to find comparable work with no degree.

Cons

Effort is rewarded much more than results. Extra hours for salaried production is expected, even if there are no projects to work on. You also have a wide range of management ability and styles within a relatively small organization. Management changes with the wind and you end up having 5-6 different direct supervisors within a 2 year span.

Advice to Senior Management

Pick a direction and go with it for longer than 3 months.