Microsoft (MSFT) Ends Practice of Employee 'Stack Ranking'
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Price: $381.70 +0.03%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1%
Revenue Growth %: +14.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1%
Revenue Growth %: +14.7%
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Microsoft Corp (NASDAQ: MSFT) is on watch mid-day Tuesday following reports from the WSJ that the company has stopped its controversial practice of "stack ranking" employees.
In a new employee-review overhaul, Microsoft will stop asking managers to rank employees on a scale of one to five on a bell curve. In its place, managers will give employees more frequents feedback about their performance.
Shares of Microsoft are down 0.56% mid-day to $37.39.
Link to WSJ
In a new employee-review overhaul, Microsoft will stop asking managers to rank employees on a scale of one to five on a bell curve. In its place, managers will give employees more frequents feedback about their performance.
Shares of Microsoft are down 0.56% mid-day to $37.39.
Link to WSJ
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