Meta is changing its performance review to reward output over effort | Fortune

"About 20% of employees will be labeled "Outstanding" and will be eligible for a bonus double their pay; 70% will be labeled "Excellent" with a 115% pay bonus; around 7% will fall into the "Needs Improvement" category, eligible for a bonus up to 50% of pay. Around 3% of employees may be labeled "Not Meeting Expectations" and will be ineligible for a bonus. On the other hand, the system will reward top performers with bonuses worth up to 300%."

"The company is rolling out a new performance review platform called Checkpoint, which will grade workers, grouping them into four categories and rewarding top performers for exceptional work, according to internal documents obtained by Business Insider. "We're evolving our performance program to simplify it and placing greater emphasis on rewarding outstanding performance," a Meta spokesperson told Fortune. "While our employees have always been held to a high-performance, impact-based culture, this new direction allows for more frequent feedback and recognition in a more efficient way.""

"Amazon's new review system asks corporate workers to list three to five accomplishments that reflect their best work. And in 2022, Elon Musk asked X (formerly Twitter) employees to explain what they accomplished every week. Meta is planning a company-wide meeting Jan. 22 to further explain the changes to employees. The new changes will impact the 2026 performance cycle and will not change the current review cycle."

Meta is rolling out Checkpoint, a performance review platform that grades employees into four categories and emphasizes output over effort. The system assigns pay multipliers and predicted outcome distributions: roughly 20% "Outstanding" eligible for bonuses double pay; 70% "Excellent" with 115% pay bonus; about 7% "Needs Improvement" eligible for up to 50% bonus; and around 3% "Not Meeting Expectations" ineligible for bonuses. Top performers can receive bonuses worth up to 300%. The new process introduces two review cycles per year. The changes will affect the 2026 performance cycle and will not alter the current review cycle. A company-wide meeting is scheduled for Jan. 22.

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