
How do I find and pay the right people to join my start-up?
ET Startup School
00:00
Do You Need Annual Appraisers?
I think that it is a well accepted norm that annual appraisers have to happen. You know, anything from 15 to even 20% to 30%, of course, depending on the functions,. But if it's a bad year, you know, whether it is a bad year from a market perspective, OAT geoholitical reasons or even for the company... I mean, we use very mathematical standards for that. Every employee is rated and employees who are rated sort of good and great will get better appraisals. Employees who are rated satisfactory or average will get an average appraisal. And everybody who is not playing to the satisfactory mark will absolutely not get an appraisal - they'll be told to
Play episode from 11:43
Transcript


