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Last year, the company dropped staff ratings and bonuses, shifting to a flat 8% annual salary rise with monthly “coaching conversations” between managers and te
by akronim 15y ago
Last year, the company dropped staff ratings and bonuses, shifting to a flat 8% annual salary rise with monthly “coaching conversations” between managers and team members.
While I guess that's generous, it sounds almost like a public service style seniority system in effect.
- jorisluijke 15y agoI think there was a bit of creative journalism in one of the articles. Yes, we recently stopped paying individual performance bonuses. Instead, we gave everyone a once off salary bump. We prefer to just pay top market salaries rather than variable personal bonuses. (although we continued to pay the organisational bonus and we've recently given every staff member stock options) It's not an annual flat 8% rise More here: http://blogs.atlassian.com/news/2010/08/atlassians_big_experiment_with_performance_reviews.html http://blogs.atlassian.com/news/2010/08/atlassians_big_exper...
- akronim 15y agoah ok, that was quite creative journalism then. What you're describing sounds much more sensible.