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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]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] Are 10% actually fired each year? Or no bonuses for them?[/quote] In my company you were brought up for "retraining" and then heavily monitored. I quit after 8 months. I still got my bonuses as I was under contract. I agree it is a bizarre policy. I was a high achiever too. I don't know why a company hassles high achievers. It seems counter productive. After I quite they had to bring on 3 people to replace me.[/quote]
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