Hello Kevin,
Thank you for using Symantec's Online Support Forums.
Here are some items to look at that should fix this for you:
1. Under Devices, right-click on the drive, and select properites.
2. Verify that "Enable Compression" is checked on the Configuration tab.
3. In your Backup Job Properties under "General" settings, that "Compression type" is set to "Hardware [if available, otherwise none]" or "Hardware [if available, otherwise software]"
4. Install the latest Hotifxes through LiveUpdate.
5. Install the latest 11.0.7170 device drivers.
Here are links for the drivers:
32-bit: http://support.veritas.com/docs/288038
64-bit: http://support.veritas.com/docs/288039