Dell

Pay - until recently. Understandably, bonus and stock option reductions have taken a toll this past year, threatening the only positive left at this company.

Job security is nil. As an employee, you need to navigate the minefield to avoid layoffs, outsourcing, and the ongoing migration of jobs to low-cost locations. Rolling layoffs are a way of life; in any given week, there are layoffs somewhere at Dell.

There needs to be a better way. Respect and loyalty are as low as I have ever seen.

As the stock option and bonus bonanza dries up and the job market improves, Dell may find it difficult to find good employees.

Everyone working at Dell knows (and sees) that no one at Dell is ever "safe" regardless of who you are or what you do.

Change the environment – it will backfire at some point.