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by mrbabbage
1276 days ago
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They feel like Churchill's quip about democracy: self-evals are the worst system, except all the others that have been tried. Ultimately, employers and employees need a way to ensure pay tracks employee value to company. At hiring time, it's easy: the employee presumably got multiple offers and so there's a quasi-market for that employee. Later, what do you do, especially if the employee is otherwise happy at the employer? The employee can go out and periodically solicit competitive job offers to hold the employer accountable and ensure their pay keeps up with their skills. But this is super inefficient: even one interview loop costs the employee much more time more than the self-eval process. And this would impose a huge cost on employers, if a huge fraction of their candidates don't intend to ever convert and are just using the job offer as negotiation leverage. Like, I hate doing performance evals as much as everyone else, but I'm not yet convinced there's a better system for solving the core problem of ensuring people's pay tracks their market value. |
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