4 ms·
While it seems like the most rational approach, it isn't. Companies don't typically include many employees in an improvement program, so when 'low performers' w
by kmac_ 3y ago
While it seems like the most rational approach, it isn't. Companies don't typically include many employees in an improvement program, so when 'low performers' who haven't been covered by such a program are laid off, the remaining employees start to question the fairness of the performance evaluation and the company's commitment to its employees. [1]
The whole industry switched to stack ranking. I wonder what potential long-term effects could emerge.
[1] https://www.businessinsider.com/layoffs-use-cut-low-bad-performers-stack-ranking-harvard-professor-2023-3 https://www.businessinsider.com/layoffs-use-cut-low-bad-perf...