Name: Understanding Performance Review Ratings
Uploaded: 2022-07-29T06:46:32+00:00
Duration: 1 min 25 s
Description: The end goal of a performance review is to assign every employee a rating, which is like a grade in school

Understanding Performance Review Ratings

- The end goal of a performance review is to assign every employee a rating, which is like a grade in school.
- Know what ratings are good
  - What's average?
  - What puts you in the "danger zone" or on a formal performance improvement plan (PIP)?
  - Which rating is great?
- Understand which rating is necessary for promotion

The end goal of a performance review is to assign every employee a rating, which is like a grade in school

A performance improvement plan, also known as a PIP, provides an employee with low performance an opportunity to improve their performance by following an actionable plan.

A performance improvement plan is a process between a company and an under-performing employee to help increase the productivity of an employee

A good performance improvement plan has actionable steps for an employee to demonstrate that they can perform to expectations.

A performance improvement plan outlines clear goals to raise an employee’s work up to expectations

This is an absolutely vital process for any employee in tech to understand, especially in a world of stack-ranking and layoffs.

[Masterclass] How To Navigate Your Performance Review In Tech

The slides provide a great high-level overview of the entire session for your notes, so here's our Top 5 thoughts that aren't entirely in the slides:

- Not deeply understanding your company's performance review cycle is job suicide, especially in the current age of layoffs and stack-rank (the latter being perennial).
- If you're truly working at a top company, you shouldn't be promoted to the next level unless you have been functioning there for at least 3-6 months. Companies that don't do this tend to promote due to raw experience and have many incompetent people at senior+ levels.
- Always have a plan for your performance review, even if your goal is just to be average and survive. Work with your manager at the beginning of every cycle to create a clear and living expectations document.
- Be very deliberate about the peers you want leaving feedback for you on your performance review. Assemble that cast at the beginning of the cycle and start building those deep 1 on 1 relationships once you have done that.
- When you are asked to leave constructive feedback for a peer, flip the question from *"What did they do poorly?"* to *"How can they expand their scope?"*. This will become easier as you reach an L5 (senior) level and more deeply understand what each engineering level means.

Related resources:

- [\[Masterclass\] What Software Engineers Should Look For In Their Engineering Manager](https://www.jointaro.com/lesson/oeY7ncZhzJ5NO6dij5e7/masterclass-what-software-engineers-should-look-for-in-their-engineering-manager/)
- [\[Masterclass\] How To Get Promoted Faster In Tech](https://www.jointaro.com/lesson/W730BOdrfAIXAEVd8HUf/masterclass-how-to-get-promoted-faster-in-tech/)
- [\[Masterclass\] How To Have Impactful 1:1 Meetings](https://www.jointaro.com/lesson/FEK6JZqW2Jg3rdN9yeGn/masterclass-how-to-have-impactful-1-on-1-meetings/)
- [Presentation Slides](https://docs.google.com/presentation/d/142PsWRJ-fmdP42CrFpR0VD64L1qFP-6nPTmjk5g1DKM/edit?usp=sharing)