Microsoft pivots toward Amazon's way of handling low performers - by paying them to leave
Briefly

Microsoft has implemented a new performance improvement plan allowing low-performing employees a choice between resigning with a severance payout or entering a structured improvement process. This plan aims to provide clear expectations and a defined timeline for performance enhancement. Those who opt for the improvement plan lose the payout option, while employees can receive severance equal to 16 weeks of pay if they choose to leave. This strategy parallels Amazon's controversial Pivot program, highlighting a trend in the tech industry towards stricter performance management.
Microsoft's new performance improvement plan offers low-performing employees a choice: accept a payout to quit or enter a performance improvement plan with higher stakes.
The performance improvement process, designed to be year-round, aims to quickly address performance issues while providing employees with options for resolution.
The plan resembles Amazon's Pivot program, which has received criticism as a means for meeting firing quotas rather than facilitating employee career growth.
Impacted employees have five days to choose between a payout equal to 16 weeks' pay or a performance improvement plan, which removes the payout option.
Read at Business Insider
[
|
]