Reported 2 months ago
General Motors is revamping its performance ratings system for its salaried employees in the U.S. to better reward high performers while encouraging low performers to improve or exit the company. The new five-point scale allows for more precise evaluations, promoting a culture of high performance as the automaker adapts to the competitive electric vehicle sector. Top employees will be awarded 150% bonuses, and those underperforming may face significant consequences, including potential dismissal.
Source: YAHOO