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The company is run by the BOD to return value to the shareholders, e.g. VC. The assumption is they'll get more effort out of labor if they're uncertain about t
by fwungy 4y ago
The company is run by the BOD to return value to the shareholders, e.g. VC.
The assumption is they'll get more effort out of labor if they're uncertain about the outcome. No matter how valuable an employee is the company must always maintain a MAD type posture that no employee is too valuable to lose, because if that were true and the employees knew they would take the company over effectively.
Part of what the annual review is is a reminder that your job is not an entitlement. It is not supposed to be pleasant for the average worker.
- ElevenLathe 4y agoYes, it's about reminding us that they have the whip hand. I have a theory that the rise of similar loyalty rituals like sprint planning and standups sprung up in the vacuum created by the now-extinct one of handing out paychecks every other Friday. Nothing says "We determine how well your family eats this week, and don't forget it." like the boss literally walking around with a box of checks.