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Should you have a ranking system for employees?

 
 
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adigaskell
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PostPosted: Sun Jan 02, 2011 9:50 am    Post subject: Should you have a ranking system for employees? Reply with quote

ConocoPhillips has adopted a ranking system designed to identify the best and the worst performers, drawing criticism from some employees who say the program is a tool for correcting excessive hiring. The company disputed that notion. "We don't have a forced ranking, but we do have targeted distribution," said John Roper, a spokesman for ConocoPhillips. "Performance management is of mutual benefit to the employee and the organization -- driving business performance, personal achievement and reward. We reward and recognize differentiated performance."

http://fuelfix.com/blog/2010/12/29/dreading-the-yank-that-may-follow-the-rank/
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andykeating
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PostPosted: Mon Jan 24, 2011 7:29 am    Post subject: Reply with quote

hey nice article shared by you..ranking is considered as a great tool for performance evaluation only if it is unbiased.. but generally these days everything is biased.. so i feel 360 degree appraisal should be used.. Cool
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paul
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PostPosted: Mon Jan 24, 2011 1:57 pm    Post subject: Reply with quote

andykeating wrote:
...360 degree appraisal should be used.. Cool


Which is what exactly?
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adigaskell
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PostPosted: Mon Jan 24, 2011 1:59 pm    Post subject: Reply with quote

paul wrote:
andykeating wrote:
...360 degree appraisal should be used.. Cool


Which is what exactly?


http://en.wikipedia.org/wiki/360-degree_feedback

Basically it's a mechanism whereby you obtain feedback from lots of people in your company rather than just your direct manager.
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paul
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PostPosted: Mon Jan 24, 2011 5:07 pm    Post subject: Reply with quote

Ugh. Don't you just love jargon?

What's wrong with "ask everyone in the office"? Smile
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creditguard
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PostPosted: Mon Nov 14, 2011 11:14 am    Post subject: Reply with quote

Ranking system for employees is still used in some counties. And about "360-degree feedback" interesting topic I aware about this system but know this name first time Smile all the multinational companies are based on 360-degree feedback. This is the best system to work and coordinate with effective results.
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am
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PostPosted: Fri Feb 17, 2012 8:43 pm    Post subject: Reply with quote

I'm a fan of the typical 'flat' hierarchy of startups and companies of the last decade or so. This is evident with technology e.g Google, where employees can come forward with ideas that often end up creating new wealth for the business via new products, services, business models etc.

It sure wouldn't fit every industry, but flat hierarchies lead to a egalitarian yet innovative environment in many cases.
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