Quote:
Originally Posted by Piscator
GE (who I do not work for) looks at their entire NON-Union work force every single year. They look at the top 10% performers, The middle 80% performers and the bottom 10% performers at ALL levels. They call it "rack and stack". They get rid of the bottom 10% EVERY YEAR, work one on one on how the remaining 80% can get better and give the top 10% above average raises and stock options (regardless of level, it is all based off of performance).
Not a bad model for someone that's motivated. Unlike a Union it rewards those that achieve and cuts the fat off those that do not perform.
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When did they start doing that...I worked for GE for 9 years and never heard of it......