All articles tagged with #employee reviews
JPMorgan is implementing AI technology for employee reviews, highlighting that the impact of AI in the corporate world is just beginning to unfold, with potential for significant future developments.
Glassdoor's annual list of the 100 Best Places to Work includes nine companies from the D.C. region, with Deltek ranking in the top 10. The list is based on anonymous employee workplace reviews, and the companies are evaluated based on the quantity, quality, and consistency of reviews. Other companies in the top 10 include Bain & Co., Nvidia Corp., ServiceNow, MathWorks, and Procore. To qualify, companies must have over 1,000 employees and receive at least 75 employee ratings during the review period.
Facebook parent company Meta is set to reduce bonus payments for employees who receive a performance rating of "met most expectations" in their year-end reviews for 2023. The company has also increased the frequency of employee reviews to twice a year and will oust employees who receive two consecutive negative performance reviews. The move comes as part of CEO Mark Zuckerberg's "year of efficiency," which has already seen the company lay off 10,000 employees and close 5,000 open jobs. Despite the multiple rounds of layoffs, Meta's stock has surged more than 62% since the start of the year.