“The company I work for did this for about 10 years”
Ok, but in the first 2 years, was this good ?
I suspect it was as the competent people stayed and the deadwood got cleared out.
After that, the dog eat dog atmosphere probably was detrimental.
“Ok, but in the first 2 years, was this good ? I suspect it was as the competent people stayed and the deadwood got cleared out.”
Even before this policy it was a very demanding environment where poor performers are not tolerated for very long. There wasnt alot of dead wood to start but the new policy demanded that 15 percent of people in ALL organizations were deemed poor performers. For example if you had a group of 10 nobel prize winners, one of them would have been rated unsatisfactory. Lots of good people got flushed.