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Year-End Review Cycles

Engineering
Current Employee
Has worked at Visa for less than 1 year
August 12, 2015
2.0
Doesn't RecommendNegative OutlookNo CEO Opinion
Pros

Business is good; our product is reliable, and we have many intelligent, friendly employees. Benefits are pretty good, and some groups have an outstanding culture.

Cons
  1. The yearly "promotion" season forces talented individuals to leave their team for better opportunities. The individual is then backfilled at a higher pay rate (which takes about a year to onboard and get up to speed), when instead we could have compensated the current talent.

  2. Giving employees a pay bump or promotion is difficult and time-consuming. This lowers manager motivation and results in fewer requests.

  3. Reorganizing every few months is bad for morale. Projects stop indefinitely; nothing gets accomplished. It's also an invalid excuse for not achieving goals set three reorgs ago.

Advice to Management

Bi-yearly compensation adjustments. Minimize reorgs to 6 months.

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