Thread regarding Bank of America layoffs

Mid year

Are managers required to rate some as does not meet or almost meets?


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Post ID: @OP+1kvs1e4cq

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Anyone know how soon layoffs will happen do we have to wait to year end?

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Post ID: @rc+1kvs1e4cq

And when your area is just a few people, and the others have conditions that would otherwise allow them an argument against a poor rating, well, you can see the lack of caring for those without. They already know that it doesn’t matter what they do, they will wear the required negative badge because the others can’t. I can cite two in my group year over year. One, HR keeps circling in general yet gets defended because they don’t want to lose the budget allocation, and the other is medical. You could walk on water, it won’t matter.

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Post ID: @nj+1kvs1e4cq

Yes, 15% partially meets, 5% does not meets. Not every group will have does not meets.

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Post ID: @en+1kvs1e4cq

In our group, we just need to post our Mid-Year Self Eval on Workday and maybe have a short convo with direct manager.

There are no mid-year ratings in our group. (staff area, not front line P&L)

Just the year-end gets an actual rating.

Maybe, like everything, there is tons of variability and no consistency on this across the silos and geographies.

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Post ID: @ef+1kvs1e4cq

Probably. They've always had the philosophy of starting with a bell curve and then plotting everyone somewhere along that curve. So someone has to be put on the low end.

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Post ID: @e2+1kvs1e4cq

Yes, there is a heavy push this year to have some ‘partially meets’ in the new rating scale.

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Post ID: @dt+1kvs1e4cq

Band 3 manager told me he is required to have 80% of his team On Track and 20% Partially Meets + Does Not Meet for the mid year. He is pushing back to his boss on that but I don't know the outcome yet.

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Post ID: @ch+1kvs1e4cq

No - in order to get a does not meets their manager has to approve it too. It's hard to actually get fired from this place. laid off is a different story but actually fired it's a whole process so if you got a does not meets there's a reason

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Post ID: @cb+1kvs1e4cq

No

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Post ID: @c2+1kvs1e4cq

responsible lay offs

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Post ID: @a2+1kvs1e4cq

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