Citi has very high standards, at least on paper:
Everyone in the comments below are saying that unless you are doing something exceptional you should be 3, and if you do just a slight mistake - 4. What I do not understand is how come then Sh*ttibank is in such a trouble :D
I rate myself a 3 every year. No need to build myself up when I have absolutely no say in the rating I receive from management.
Jamie took the best. Colleagues left behind made a big mess and/or were bystander's.
The rating process becomes problematic when manipulative personalities devote much of their time cultivating a false narrative regarding their capabilities, and are successful in fooling leaders and peers to accept their cultivated personal brand. I bear witness to this type of unacceptable behavior more often than I care to.
" I would expect a Valued Contributor to already be Highly Effective."
it is difficult to argue against that.
i do not think Mgt had a choice this year, or say in the matter
It's long past time to buy the BullSHi+ Red Button from Amazon. Everytime I hear Citi BvllSH!T which is everyday, I'll press the button. The MDs and Ds have been giving their directs pep talks about the Forced Curve Rankings that 65% of all Employees must be Downgraded TO 3-Meets Expectations and how getting 3-Ratings Meets Expectations/Valued Contributor is actually a good thing because we're "valued contributors". Yeah right. NO One is buying the BullSHi+. That BullSh!t is so Hot and piled so High, it's taller than Mount Mauna Kea in Hawaii (world's highest mountain) and spews More BullSH!t than the world's worst volcano, Mount Tambora in Indonesia (caused 92,000 De@ths)! It's a laughable tragicomedy black comedy that MDs and Ds are actually spewing this Sh!t ! Employees know that 1 and 2 Ratings get better bonuses, salary increases and promotion prospects. So their song and dance about how getting 3-Ratings are excellent and wonderful is as truthful and real as Pyrite being real Gold! Employees will actually say, yeah it's ok that my Rating is downgraded to 3-Valued Contributor from 2's or 1's because Citi is Not Profitable unlike its Competitors-G0ds JPMC, BofA, Goldman etc. and can Not afford to dole out better bonuses, salary increases and promotions to more people. Said NO One EVER!!! We'll also say, it's ok that the 2 and 1 Employees can buy and afford better houses, cars, retirements plans, vacations, etc. Said NO One EVER !!! Citi is hoping Employees will smoke their Citi Cr@ck and believe their BullSH!T LIES ! NOT !!!
Post ID: @1abv+1q5lpCge : I would expect a Valued Contributor to already be Highly Effective :D That is my point - if you do your job really well, especially compared to everyone else in your team, then even without going outside your duties you should be able to get a 2 :P
OP - you are making a mockery of an established process and in doing so, broadcasting to the world your ignorance.
Correct, all the real bankers go to JPMorgan or Goldman. Dimon took the best with him.
To add to the OP - all of my colleagues have very high self-esteem. But the majority are a joke - so I think Citi has an impostor problem, the bank of the wannabes.