Anonymous wrote:Anonymous wrote:Anonymous wrote:Look Goldman always fired bottom 5 percent each year
Deadwood gets pruned.
Amazon does the bottom 10% and its all subjective on who or why you are at the bottom.
+1
You can be put on a pedestal one day and rub someone the wrong way and now you are suddenly on the bottom. They don’t even tell you you are on a PIP.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Why not just do a layoff?
Bad press and severance.
It's better to announce you have 3,000 poor performers attending client needs?
They aren’t being staffed on engagements right now
How can they improve then? I know the point is for them to leave but it seems that leaving is the only option.
Anonymous wrote:Anonymous wrote:Word is many em’s at mck are only on 40% utilization right now
If this is true, that’s a really low utilization, business is that bad?
Anonymous wrote:Anonymous wrote: Did McKinsey put J1 J2 J3 guy in charge?
They should have! My daughters friend from an average state school who looks like a combo straight Ricky Martin or Mario Lopez they hired out of a four year average state school in 2022 for a $120,000 starting salary as he was a D&I candidate. His coworkers were all Tall Lacrosse Bros or fancy schools mommy and daddy paid for.
Way over paying for no experience talent.
Anonymous wrote:Anonymous wrote:Look Goldman always fired bottom 5 percent each year
Deadwood gets pruned.
Amazon does the bottom 10% and its all subjective on who or why you are at the bottom.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Idk you likely get some to leave and the others put in the best month’s worth of their lives.
I personally only put people on pips when I want them to improve. Mixed results. The good ones improve and the bad ones can’t improve and they leave/fired. I’m always shocked that a few aren’t willing to actually do their work and would rather be fired, but it happens.
Your strategy only works if there is enough work to go around. The mass pip is because work has dried up. It’s cruel to put someone on a pip and then not actually give them the work they need to succeed
I’m not an HR attorney but honestly, putting someone on a pip and firing them for reasons outside of their control seems really illegal?
This is really common now. It's to avoid paying severance and unemployment. It should be illegal but you'd have to sue and prove it.
Anonymous wrote:Seems like companies are laying people off yet using a different term to describe the layoffs.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Idk you likely get some to leave and the others put in the best month’s worth of their lives.
I personally only put people on pips when I want them to improve. Mixed results. The good ones improve and the bad ones can’t improve and they leave/fired. I’m always shocked that a few aren’t willing to actually do their work and would rather be fired, but it happens.
Your strategy only works if there is enough work to go around. The mass pip is because work has dried up. It’s cruel to put someone on a pip and then not actually give them the work they need to succeed
I’m not an HR attorney but honestly, putting someone on a pip and firing them for reasons outside of their control seems really illegal?
Anonymous wrote:Word is many em’s at mck are only on 40% utilization right now
Anonymous wrote:Anonymous wrote:Idk you likely get some to leave and the others put in the best month’s worth of their lives.
I personally only put people on pips when I want them to improve. Mixed results. The good ones improve and the bad ones can’t improve and they leave/fired. I’m always shocked that a few aren’t willing to actually do their work and would rather be fired, but it happens.
Your strategy only works if there is enough work to go around. The mass pip is because work has dried up. It’s cruel to put someone on a pip and then not actually give them the work they need to succeed
Anonymous wrote:Anonymous wrote:Anonymous wrote:Look Goldman always fired bottom 5 percent each year
Deadwood gets pruned.
Amazon does the bottom 10% and its all subjective on who or why you are at the bottom.
Easy, bc you are not the same race as the rest of the team!
Anonymous wrote:Anonymous wrote:Look Goldman always fired bottom 5 percent each year
Deadwood gets pruned.
Amazon does the bottom 10% and its all subjective on who or why you are at the bottom.