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How Google’s Tough New Performance Evaluations Could Help Your Company

  • Several tech companies including Intel, Block, and Google have been transparent about their internal performance expectations.
  • Google has introduced a new evaluation model where top performers will be rewarded more, while maintaining a budget-neutral approach.
  • This pay-for-performance model is aimed at rewarding top performers with higher rates, which might lead to lower pay for lower performers.
  • Businesses can learn from Google's approach to performance evaluations and consider implementing similar strategies.

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