""We don't have formal performance reviews," Stone said. "The way we approach it at Netflix is first trying to get to something that looks like continuous, timely, candid feedback.""
""If we're living the Netflix culture well, that's something that would be familiar and comfortable every day of the year," she said."
""It's not structured as an evaluation," Stone said. "It's structured in the context of feedback that helps people improve.""
Netflix does not use formal performance reviews. The company emphasizes continuous, timely, candid feedback to replace traditional review structures. A keeper test determines whether employees are worth keeping, and employees apply similar tests to assess managers. Promotion and compensation evaluations provide additional performance-flavored checkpoints without formal reviews. An annual 360 process functions as a safety net during which employees and managers set goals and exchange feedback focused on improvement. Ongoing feedback can be positive and should feel familiar and comfortable throughout the year. The approach aims to enable timely course correction and clear retention decisions.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]