When I worked at Wells Fargo, I received a glowing mid year review. Non stop compliments regarding my work from management. My manager told me before diving in that nothing said about me should be a surprise and it wasn't, because I knew that was working hard and it was being acknowledged.
When year end review came, I got two meets and one inconsistent. The comment said that I wasn't helping enough. Huh? I didn't agree with that and didn't know who said it. Examples weren't given. Overall, it was meets, but I knew that inconsistent would hurt me in the long run.
When layoffs started happening, I was picked amongst the bunch. I had a feeling it had something to do with that low rating.
So, I didn't see my work changing between mid year and end of year. It felt as if the knives wanted to come out to give a reason to put me in the bottom as a risk for a cut.
I have moved on to a competitor and got a great mid year review recently, but can't help but feel like all other companies may possibly do this as a reason to look for cutting someone. Just a rant.
4 replies (most recent on top)
Every bank does this unfortunately
Great rant, OP. Let's hope other banks and companies don't adopt Wells Fargo's methods of using intimidation in performance reviews, implementing strategic location return-to-office policies, and offshoring jobs.
@OP, same situation here but I am hoping managers get out this time (they deserve, they supported these kind of forced rating) and I have no sympathy for them.
I am beginning to understand that performance review is nothing but a management we-pon to control, punish or layoff employees. They misuse and abuse that tool because they can.