Somewhat tangentially: I note that most managers seem to equate hours at the keyboard with productivity. I have heard of some employees being monitored via the notebook's video camera.

Is it so difficult to define deliverables and pay for completed and tested work? The business value of any given function point is the same whether it took 100 hours to develop or 10 hours. Of course, more productive programmers would benefit under such an arrangement.

Oh wait ... the problem is that requirements specifications are never clear nor complete enough and there aren't any tests to confirm correctness of the implementation.