> Small companies with better aligned incentives My previous company (~50 employees) did not have performance reviews at all; Instead, employees were handed ou

> Small companies with better aligned incentives My previous company (~50 employees) did not have performance reviews at all; Instead, employees were handed out a blank spreadsheet with names of every personnel, and asked to fill who should get how much fraction of the bonus pool. The numbers were aggregated by CEO once a year, and bonuses were paid out accordingly. I liked the system when I worked there, because it served as a yearly check on how I was perceived. The results were sometimes brutal, though.