Microsoft Labels Some Fired Staff as 'Good Attrition', Imposes Two-Year Rehiring Ban
Microsoft has instituted a stringent new performance management system that places ousted employees on a two-year rehiring block list and categorizes their departures as "good attrition," Business Insider reported Tuesday, citing internal documents. The company now tracks staff departures it considers beneficial, mirroring Amazon's "unregretted attrition" metric, though no specific targets have been established yet. Microsoft recently terminated 2,000 underperforming employees without severance and implemented a new performance improvement plan (PIP). Employees facing performance issues now must choose between entering the PIP or accepting a "Global Voluntary Separation Agreement" with 16 weeks of pay. Further reading: Microsoft Offers Underperformers Cash To Quit. Read more of this story at Slashdot.
Microsoft has instituted a stringent new performance management system that places ousted employees on a two-year rehiring block list and categorizes their departures as "good attrition," Business Insider reported Tuesday, citing internal documents. The company now tracks staff departures it considers beneficial, mirroring Amazon's "unregretted attrition" metric, though no specific targets have been established yet.
Microsoft recently terminated 2,000 underperforming employees without severance and implemented a new performance improvement plan (PIP). Employees facing performance issues now must choose between entering the PIP or accepting a "Global Voluntary Separation Agreement" with 16 weeks of pay.
Further reading: Microsoft Offers Underperformers Cash To Quit.
Read more of this story at Slashdot.
