Pros

People are making six figures for doing no work. This is GREAT (for those folks receiving it)! Except for those who are natural hard workers and seeing their peers take it easy and getting paid more than them is very demoralizing.

Cons

Lots of managers have no business in their position. Technical savvy, but not leadership savvy. Lack of communication. Lots of inequity regarding to pay. Great effort does not equate to higher pay. Lots of folks idle but getting paid 6 figures. Big Welfare System.

Advice to Senior Management

LOTS of deadwood in that company. This was how HP was before they had to reinvent the culture. Money being wasted. Pleasanton office remains opened (though hardly used) while Cupertino offices are half empty? Telecommuting abuse where people are working for other companies at part time or full time while fully employed at Verigy? Lots of talent have already quit. What's left are abusers and deadwood.