New this year, all employees will receive a performance rating as part of the year-end review process.
Is this really new?
New this year, all employees will receive a performance rating as part of the year-end review process.
Is this really new?
Forced rankings are a terrible system. Even if everyone in a department does great work, managers still have to sort people into fixed buckets of 1, 2, 3, or 4.
There are 4 rating categories that will be in place this year, all based on impact against goals. They are: Exceptional, Significant, Solid, and Inconsistent.
And no predetermined % or # per bucket, but budget is budget (teams have a set $ amount allotted for comp). So you are still ranked against your peers in terms of compensation.
@bk unless they see you as being transformative. It's very hard to get unless you're doing really innovative things with a I and then you're transforming your a** right out of a job
@d6 💯
@OP Awesome! Evankobot’s performance lands him at a perfect 0 for the year. “The Bobs” need to ask him exactly what it is he does around here.
Forced Ranking again, typical and what a joke.
I think it’s because 4 correlates to “exceeding expectations” and a lot of employees who have set tasks don’t really have that possibility.
lol great of you’re new to a team and the outsider from all the “restructuring “
Why is a 4 difficult to achieve?
@OP Looking forward to see how they are going to "spin" this one come review time. We are all benchmarked every year against one another within a department. Lower people on the totem pole means you're on the chopping block. The 1-4 rating system is interesting (BS). You'll never get to a 4 so it's between a 2 and a 3. And if you do give someone a 4 then you would probably need to offset that by tagging someone as a 1 or a 2. Crazy stuff. But I'm sure we will explain it all away with corporate jargon.
It’s probably not “new” in corporate America terms, but I know that I and many of my department cohort are concerned about it.
In certain roles (including mine), it would be impossible for most employees to get a “4,” and we’d have to rate ourselves a “2,” even though we perform all of the functions of our job.
It’s a sh---y system that was meant to be a band-aid for a sh---y org.