4 ms·
>We will continue to invest in a generous rewards budget, but there will no longer be a pre-determined targeted distribution. Managers and leaders will have fle
by SubuSS 13y ago
>We will continue to invest in a generous rewards budget, but there will no longer be a pre-determined targeted distribution. Managers and leaders will have flexibility to allocate rewards in the manner that best reflects the performance of their teams and individuals, as long as they stay within their compensation budget.
The compensation budget is the key part here. I don't know how this is going to account for:
- Failed products with smart developers and their retention.
- Avg products with very smart developers
- Less 'visible' projects. Those that management don't realize is necessary until you have no one working on it. (This happens a LOT in big companies).
All this can be solved by pumping a ton of money into this as they are alluding elsewhere though.
Overall the fact that they are taking feedback seriously and are working towards a solution is pretty positive though.