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Reply to "Capital One’ Performance Management System"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What is so archaic about it?[/quote] It’s a forced balancing/quota system. 10-15% “have to” fail. [/quote] That was discussed where I work many years ago. I believe GE used to follow that philosophy. To me that just means you’re saying you have incompetent hiring practices if 10% of your staff are worth firing every year. [/quote] Yes, they follow the GE Jack Welsh philosophy. I agree about the "incompetent hiring practices if 10% of your staff are worth firing every year" I will add, the turnover in the IT department is huge, because of this policy.[/quote] They are going to have big problems with IT/Tech retention when Amazon lands in VA. Goofy office space and pop up Indian food stalls in the cafe’s aren’t gonna cut it.[/quote] I don’t know about that - amazon is a pretty horrible work life balance. Capital One is virtually retirement, many people I know go home at 3pm. [/quote]
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