I had a call with my manager who mentioned that the stakeholders are not happy with my knowledge and that got me a 4 and he's going to 'help' me with that in this year with that..but now how to know whether there's a pip or not? Nothing was mentioned in the call, but in the comment it's mentioned he would help me with a development plan ..does that mean it's a pip?
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Anyone got any response from HR
So ara 4s getting RIf? Thats a lor of people ? Wtf.
@ms (3+4+4+3)/4 = 14/4 = 3.5 which will be rounded to the nearest even number which is 4.
Can't speak about layoff for 4's
If someone received ratings of 3, 4, 4, and 3, is this considered a rating of 4? If so, will this person be laid off in the upcoming round?
Where do you find your rating? I’m a new here
@j5 if you're the one explaining you may want to exercise better grammar. I can't understand this word salad. A 4 would be a target of getting fired outside of a RIF. They would not get severance. Why would Citi go through all the trouble of increasing the number of people rated 4's only to turn around and pay them severance? That makes no sense. If one were thinking logically, it's because they document a scenario where they can fire them without paying severance. If you don't get it, you don't get it.
@hr you are blithering mo--n. A 4 is a needs improvement. If you do not improve you may be put on a pip. Then now severance if after a prescribed time (typically 30 days) you can be fired for cause with out severance. It’s been explained to you multiple times. You’re either mentally deficient or a troll (could be both I suppose).
@hz The only state laws that require severance is in the case of mass layoffs which have a threshold on the numbers of employees. Easily avoidable if you kept the number under the threshold. It must be 100+ employees in Nj for example. Aside from those types of state laws, there is no law requiring severance. And again, easily avoidable if you fired your 4's for poor performance outside of a reduction in force. Some of you have very wishful thinking. Lots more 4s this year for a reason.
@hz Wrong. There is no law state or federal that any company must offer severance for any reason. It's a voluntary practice.
If you are riffed, you get a severance. Its the law. It doesn't matter if you are on a PIP even. you just wouldn't get severance if you were let go because of the PIP but most rif is due to location strategy or cost savings, not performance because that is a precarious line with risk to tribunal.
I had to rif 1 & 2 raters over someone with a 4 or a average performer because it was down to location!
@ht same boat. Its crazy
I'm not sure how does this 4 make sense..I was discussing promotion beginning of the year
@hj The problem with stupidity is you don't know if it's you. Please tell me in what fantasy world you would continued to get paid (severance) if you got fired for poor performance. A 4 is a needs improvement rating. It's the lowest score you can get. LOTS of 4s this year. We exceeded budget last year on severance and there are still plans for a large reduction in staff. Now I don't have a crystal ball, but a 12 year old could put those pieces together.
@hd God you’re stupid. Do you even work for a major corporation? Cause if you did you’d know this is BS.
It’s not a matter of right or wrong, good or bad, fair or unfair. It’s about saving face, recouping losses and altering perception of the shareholders and board….and of course saving JF bonus\raise.
You can be let go without getting a 4 and without being on a PIP.
Of course a ranking of a 4 is bad and does not help. Being a 4, manufactured or not, right or wrong is bad, no doubt about it.
If you are LAID OFF, you get a severance.
If you are FIRED due to performance reasons, you do not get a severance.
For those of you stating 4's do get severance, I would love to know where you are getting your information. if you are not performing in your job and you get fired, what makes you think you'd be entitled to anything? You really think the bank is going to pay you a severance package when you are fired?
4s do get severance.
Also advice apply out and hopefully best case you got another got lines up in case if an RIF (you can move internally with a 4, i just did it ) same sh-t manager gave me suprised 4 only one in 17 years.. moved out and if we get RIF in new role hopefully we have anotjer joh lined up.
Cuts will be next week for high cost locations
March for most of bank
4 just means needs improvement. It doesn't mean PIP. Those are separate things. If you got a PIP you would know but its an agonising process.
Focus on improving rather than worrying about a PIP. Don't listen to these scaremongers in this forum.
@b8 which means less work and more money than if you failed the pip
@a3 smartest person on this thread. There is no need to put someone on a pip if they’re not going to be around much longer to improve performance.
I feel sorry for both the people they let go and the ones that stay to pick up the slack.
Those that stay, a portion of them will be placed on PIPs and expected to pick up the slack. Just keep working until you pass the f@#k out while you’re unjustly placed on a PIP.
You're on deck for RIF
@OP ok this is a rsxocurring theme. Open an HR ticket at dispute it. Sh-t call ethics too. Listen they have given forced 4s on people. Lots of people LOTs. Dont sit and take it. Specially if there was 0 written feedback post mid year Hr will rake note and coach the managwr and porentially adjust it back to a 3. What happens is they all get in a calobration meeting and they are told rate -1 and anyrhinf can be used. Its a tactic to get you despedate to leave on your own amd they avoid swvwrance.
A PIP is formal and is managed with HR. You would know. However, the fact that it's not a PIP is also cause for concern. Since no formal plan is in place to track your progress with HR and documented, it's up to you to keep track. Otherwise your manager's opinion is totally subjective and can be cause for termination really at any time. The fact that there are so many 4's not on PIPs almost makes me think they are gearing up for a lot of terminations.
It could be a career development plan on Workday but just ask manager if they're considering you for PIP. I would start to hunt for something else immediately