I did this for years and it often resulted in higher than average increases. I’ve stopped doing it in my new role as my new manager just naturally tries to get me decent increases each year.
Yea my eyes glazed over a little when I found out the performance review has no bearing on bonus or pay rises at my previous company. The managers all just got together and decided based on if they liked people or not
It's a trick corporates use, you are more inclined to mark yourself down. Then you're bell curved via the parity process. It's all corporates theatre and as long as I get the bonus the rating doesn't matter.
It's just an illution that you have some kind of input, your manager will just spend 5 min to distribute the $X he/she got allowed in the next budget as it suits them
My company does annual reviews and the employees all do the annual reviews and hr reviews it. One person's goal was to drive a Tesla and hr had to devise a salary that was in line with the employee expense (mortgage, school fees, bills etc)
The company I work for does this, along with peer reviews. I have found that it doesn't really contribute to anything. Your boss determines the annual increase to some extent and influences promotions.
Yes. I love putting in the top score for each KPI and enjoy listening to them talk me down. Exceed.
I did this for years and it often resulted in higher than average increases. I’ve stopped doing it in my new role as my new manager just naturally tries to get me decent increases each year.
Aim for the moon and land among the stars
You rate yourself but your boss also rates you. Your bosses opinion is what matters for bonuses, the self rating is just to see if you are delusional.
It's a dumb corporate dance that's for sure.
Yea my eyes glazed over a little when I found out the performance review has no bearing on bonus or pay rises at my previous company. The managers all just got together and decided based on if they liked people or not
Can confirm the girl in charge of my pay rises definitely likes our team 🤣 weve been carrying everyone else who cant do their job for shit
It's a trick corporates use, you are more inclined to mark yourself down. Then you're bell curved via the parity process. It's all corporates theatre and as long as I get the bonus the rating doesn't matter.
Exactly. That's why I just hit the top mark and have them explain it to me, lol.
It's just an illution that you have some kind of input, your manager will just spend 5 min to distribute the $X he/she got allowed in the next budget as it suits them
Give yourself an A+, you deserve it king
Yes every corporate job except government
Gov do this too
My company does annual reviews and the employees all do the annual reviews and hr reviews it. One person's goal was to drive a Tesla and hr had to devise a salary that was in line with the employee expense (mortgage, school fees, bills etc)
Yes.
Top marks!
5/5 in every section and get them to tell you why not
The company I work for does this, along with peer reviews. I have found that it doesn't really contribute to anything. Your boss determines the annual increase to some extent and influences promotions.
This could be a bit of a trap, exceed but don't get greedy, back yourself