The big pay and less work is a killer combination for both employee and corporation. Not only do you produce less code, which people think is an asset but is really a liability, you take more time to do so. Like the idea of ping-pong tables is parodied but it makes sense for profitable companies and in moderation. The employees have to be adults about it, use the ping-pong table specifically to accomplish work, to think. There's so many choices you could take, and the fewer you take the better, you just have to make sure you take the best choices. Mulling things over is good. Time spent on making decisions is time well spent, you could do it quicker but only with a dartboard. Maybe instead of spending an hour on the question and a year on the answer, spend a year on the question and the answer will come in an hour.
As long as there's trust and a work ethic on both sides, it's very virtuous.