Been with Citi for only 12 months. Given that a 4 is bad. Is 3/4 considered the same?
Although 3 is how and 4 is what. It still doesn't seem good.
What does a 3/4 eating really mean? And what's your stance on whether those ratings will be apart of the upcoming layoffs?
Post ID: @3bdi+1q5kprG9 You're incorrect. 4-Rating means Needs Improvement.
Post ID: @1zgt+1q5kprG9 Correct. Employees know that companies use Layoffs as an excuse to Fire Employees they want to get rid of anyway, by calling the Firing a "Layoff".
We've all seen this BullSh!t excuse and tactic used.
In Citi the US employees dominate everything. If your manager is US based and you are in England or NI you will be royally sc--wed, the manager will only be interested in keeping the US counterparts, which means for a split team it is almost impossible to get top rating and you are 99% likely to get 3 or 4 rating. It happened to me and it was obviously unfair. There was nothing to show that I deserve 4 rating. Anyway I filed a grievance with HR and did a job hunt. I got a job before I could move forward. Stay away from Citi !
A 4 is not a PIP or death sentence. Stop scaremongering people. The ratings were changed a few years ago along with the guidance. Shows much some of you pay attention.
Unless you get a 4 in Leadership then I'd not worry too much.
If you are ranked a 4 in either category your review should contain material details.....as an employee you can demand a review where the manager has to go into specific details. I know folks who successfully challenged the 4 rating and it was modified. I only recommend this if you have a strong case. Legal is not involved. It is between your area management and HR as a first step.
3/4 is actually 75% not too shabby really, do you agree?
A 3, 4 is not a mandatory PIP. I saw it occur last year.
To the person who posted most recently before this one:
The only reason why HR has made it difficult to fire people is because of legal reasons. They want the documentation to be ironclad in the event of a lawsuit.
My experience may be different from others, but I have found it extremely difficult to fire someone at Citi. I happen to know of a situation where a person was almost daring me to take action for terrible performance. I put this person on a PIP, but HR wanted so much proof and evidence that I was putting in the time to help this individual succeed, I simply had to pass this person. It's not that I wouldn't put in that time, because I did, it was the fact that I had to document every single failure and explain how it equated to the individual's poor work ethic.
Keep in mind that in the current environment, when Citi is getting ready to lay off thousands of people, they can lay off someone for any reason at all. I may be forced to lay off 2/2, 2/3, etc... Heck, I may get laid off :( -
So, if you were rated poorly, and you are genuinely giving it 100%, just make sure your manager knows that you have a plan to address your his/her concerns.
In conclusion: in some teams, it is very difficult to get fired. Across the company, Citi can lay off whoever they want, whenever they want, for whatever reason they want.
They actually did away with 4 Raters not being able to move internally. It is now hiring manager discretion.
Post ID: @zuq+1q5kprG9 YESSSS. It's difficult to accept and breaking up is hard to do. But you must now, immediately start job hunting externally. Forget any chance with Citi and move on. In 3 to 5 years Citi is getting eaten by and merged into JPMC, Goldman, Wells or BofA. Quite possibly even at the end of 2024 when the world sees that Citi's and Jane Fraser's plans FAIL As Usual for the Laughing Stock Joke "bank" of Wall Street. According to Equity Research Analysts on Wall Street Citi's own Rating/Grade is F = 4 Does Not Meet Expectations.
So help me out here….
1 is stellar\awesome\walk on water
2 is above average
3 is average
4 is below average PIP range.
Is this correct?
If they said to you unsolicitedly that “it can get there,” then you should be looking for a job left, right, and center right now and act as if you are getting laid off in 1Q.
The statistics are very few employees survive a PIP, something like only 10%. If you get a PIP you must undoubtedly and immediately start job hunting externally. A 4 Rating is a Failure Rating and automatically precludes you from being eligible for internal hires or transfers to other departments at most Employers. Basically, the only way to survive a PIP is to find and get a new job immediately. Forget about any chance of staying at Citi and move on. It's the Citi Titanic anyway on its way to bankruptcy.
Post ID: @hcs+1q5kprG9 Sounds like they are threatening you and want you to leave
They didn't put me on PIP since it's not a 4,4. They said it can get there though
Did they put you on PIP? 4 for “what” means you didn’t satisfactorily do your job/work. Your manager should have discussed this with you in your year end.
Your goose is cooked. You seem to have scored a valued contributor on leadership pillars, but you failed to meet the standards of acceptability on the ‘what’ - this could mean you failed to be in the office consistently 3 days per week or were late on compliance training. Given the 4 rating you will likely be made a free agent. Wouldn’t bother fighting this, the Org has vast access to excellent legal resources.