One of the reasons people are so upset is the glaring difference in employment experience between the masses and HiPos. HiPos continued to receive salary increases and promotions while not worrying about their employment.
Remember being ranked high does not make you a HiPo.
I was actually told during one ranking cycle that I was the top performer in my rank group but I could not be moved into top category because top category was full of Hipos that were put there for political reasons, not performance reasons.
Being a HiPo does guarantee that you will be ranked high.
I was told by my department manager that there was no way for me to improve my ranking any higher because the next level were all HiPos that had to be placed in the top category for political reasons.
My boss’s boss said that I was lucky to be ranked as high as I was because if there were more HiPos that I would have been moved downward in ranking to make room for them.
Forced ranking with politics, sponsorship, favoritism, and HR Race based adjustments is causing massive attrition of productive employees and promotion of id--ts.
Here is how you determine you are a hipo. Hiring in at CL 23 and getting to CL 36 means 15 promotions in a 35 year period. You must go up a CL every 2 years AND you must rank in top 10% of your new higher group for 35 straight years. This will give you a 10% (constant dollar raise) every year. So if you are hipo and inflation is at 3%, you will get 13% pay raise every year for 35 years. Starting at 100k this translates to $3m (in 2021$) compensation in 30 years. Good Luck...About 250 of you will get there, but only 5 will get over 10M per year (in today's dollars). Remember we hire about 1500 MPT a year, so you are competing with 15000 who are plus/minus 5 years of your age. That is about a 1.7% chance of getting to CL 34 plus. Over RSU eligible jobs, so there is 20% chance to get to executive, but 50% quit or pip...so there is 3000/7500 chance of becoming executive (40%); Just hanging on improves your odds.
Since merging with Mobil - the ranking - a supposed meritocracy became overrun by cronyism and has led to layers of management incompetence who pose no threat to the top 1%.
janitor could be paid similarly to a Phd.
@1fvv Dunno about you but the most of the PhD’s I know make about the same as janitors.
@mzy+1cDhfH2g Other successful businesses reward hard work and results WHEN it’s in an area that is critical and the personnel aren’t replaceable. If reward was based solely on hard work and results, and not replaceability/criticality, then the janitor could be paid similarly to a Phd.
Hippo Pitamah!
@yhv The comment said “people who you want to stay”, not “people who want to stay”.
@ owo+1cDhfH2g
It’s not about “people who want to stay or who do not”. Years ago everyone wanted to stay and this treatment existed.
It is about getting rewarded for the work an i so usual does and their contributions to the overall success of the company - versus those who talk a good game, and kiss a**.
It’s integrity and equality people are looking for.
Other business reward hard work iand positive results. We reward neither of those. Hence the miserable state of the company today. You get the behavior you reward.
I’m not a HiPo, but I mean this is how it’s supposed to be…? That’s how every company is. You pay people more who you want to stay, and people you don’t mind if they quit or that you see as replaceable you don’t give tons of incentives to stay? How else would any business run?