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Raytheon has a four-bin(Far exceeds, Exceeds, Meets, and needs Improvement) ranking system that, while officially not a stack-ranking system, unofficially is be
by vonmoltke 12y ago
Raytheon has a four-bin(Far exceeds, Exceeds, Meets, and needs Improvement) ranking system that, while officially not a stack-ranking system, unofficially is because managers are under significant pressure to have their sections roughly meet corporate's expected rating distribution. The system is not a total clusterfuck because the "I" category, which gets you put on a Performance Improvement Plan, is allowed to have nobody assigned. A manager still needs to respect the E and F targets, though, so awesome sections end up screwing people over and mediocre sections end up rewarding people who don't deserve it.
- redstripe 12y agoHow can someone far exceed expectations more than once or twice. Aren't the managers just bad at judging expectations at that point?
- xyahoo 12y agoI think it means "far exceeds the expectations at his current role". If you get several FEs, then it's time for a promotion.
- VLM 12y agoIn a political organization there's no problem with repeated "we were frat buddies in college", "we have fun going golfing together", "I've never met anyone who kisses up that much", etc. In practice you see it applied in very large teams with team wide metrics. Like 1000 people in a call center. The guy who hacks the system or gets assigned to a special team that naturally results in better results, can consistently win every time.