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Re: Annual Review time
Old 02-20-2007, 04:03 PM   #61
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Re: Annual Review time

Quote:
Originally Posted by Brat
There are people who are a fit for megacorp and folks who do their best in an entrepreunal setting.

Since you have been acquired consider whether or not you are a good fit for the long term, and maybe who in your team are similarly situated. I am not suggesting that you don't comply with megacorp's policies and practices, just that you may want to start planning your next move. The acquisition agreement may tie you there for a while, but the best course is the one YOU control.
Brat,

We knew well before we closed this wouldn't be a good long term fit for most of us but like you say, that's pretty typical of a startup culture clashing with corp beuracracy. I actually spent the first few months fighting the new rules (dumb SLK mistake) but I've actually gotten pretty good at the yes sir boss man compliance thing. Actually compared to VC's, sweating out payroll, and the occasional abusive customer, the current life is not that bad, and certainly not unexpected. We always do our best for investors whether they be ourselves, angels, VC's or John Q public.

Final vesting pretty much coinsides with our older one graduating from HS, then off for a new adventure. One of my partners is headed to Juno, another to San Diego, and me to the North Carolina coast. We like to think of it as branching out.

In the mean time we still have our crtical Friday afternoon six pack reviews. They are just in addition to the 20 hours per week spent in conf call meetings with the home office.

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Re: Annual Review time
Old 02-20-2007, 04:33 PM   #62
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Re: Annual Review time

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Originally Posted by TargaDave

Actually compared to VC's, sweating out payroll, and the occasional abusive customer, the current life is not that bad, and certainly not unexpected. We always do our best for investors whether they be ourselves, angels, VC's or John Q public.
Beware the.... [insert eerie horror flick theme music here]

"Curse of the Golden Handcuffs!"

(Usually thought of in terms of individual contributor, but I can also see it being applied to an entire entrepenurial-thinking entity, as well. There is a reason the term includes 'handcuffs'...)
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Re: Annual Review time
Old 02-20-2007, 04:37 PM   #63
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Re: Annual Review time

Gag...performance reviews...

I can only hope I escape this joint before I have to do them...in fact that is a major reason for my chosen date.

Trying to do one that meets the HR ideology vs reality and within the constraints of the merit budgets is nothing short of insane; which is defined as doing the same thing over and over again but expecting different results.

I gave up spending much time on the details in PFs. The tiny percent differences in merit pay between a really good performed and one that is averge is not worth the effort. Most people do a good job because that is what they do and who they are. Slackers get less and the really exceptional people get a bit more but Mega Corp requires you stay within your very tight budget and that prevents you from being fair since you have to take from some to give to others. Not much motivation for anyone for a few $$ a month.
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Re: Annual Review time
Old 02-20-2007, 04:43 PM   #64
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Re: Annual Review time

There is nothing that makes putting up with sh*t easier than an exit plan. While you are thinking about that you might as well check out the fire exits too. Sit down with a CPA (after tax return time) who is familiar with the financial issues of someone in your position, it can get tricky. Golden handcuffs are not always worth what they are cracked up to be. If a recruiter knocked on your door know what it would take for you to cross the street.

I don't know if you are now working for a megacorp, but in many years of watching businesses I have learned that in technology watch where sales reps go when they leave, and keep an eye on the CFO.

Example: sales reps left Floating Point for Sun. [boy does that date me]
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Re: Annual Review time
Old 02-20-2007, 04:47 PM   #65
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Re: Annual Review time

Ugh, my buddy didn't get that Director of IT job, some lady who has never worked in IT got it - she's apparently real popular with the chief executive, though. And no, I don't mean that way! I just mean she's politically connected. Ugh.

I'll find out in April what my raise is...we'll see if my lobbying effort paid off. I got a top level executive to write me a glowing review involving words like, "single handedly rescued operations at site x" etc. I've told my management what I'm expecting - not hoping for, expecting. So we'll see. Gotta love mega-corp.
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Re: Annual Review time
Old 02-20-2007, 04:49 PM   #66
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Re: Annual Review time

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..I'll find out in April what my raise is...we'll see if my lobbying effort paid off. I got a top level executive to write me a glowing review involving words like, "single handedly rescued operations at site x" etc. I've told my management what I'm expecting - not hoping for, expecting. So we'll see. Gotta love mega-corp.
That ought to be worth a couple tenths of a percent above the average merit payout.

Sorry about the politics...welcome to MegaCorp where all your dreams become nightmares.
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Re: Annual Review time
Old 02-20-2007, 06:25 PM   #67
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Re: Annual Review time

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Originally Posted by SteveR
That ought to be worth a couple tenths of a percent above the average merit payout.

Sorry about the politics...welcome to MegaCorp where all your dreams become nightmares.
You know it is too much when the formerly funny "Dilbert" and "Office Space" just leaving you going: "...and?" these days, because it is so close to your true everyday life that you are immunized from the humor.

I used to wonder if Scott Adams had slipped microphones into the ventilation shafts at my Megacorp offices.
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Re: Annual Review time
Old 02-20-2007, 07:24 PM   #68
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Re: Annual Review time

You guys would absolutely love the military's officer fitness reporting & enlisted evaluation system...
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Re: Annual Review time
Old 02-20-2007, 08:38 PM   #69
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Re: Annual Review time

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You guys would absolutely love the military's officer fitness reporting & enlisted evaluation system...
Been dere/done dat.

The best militarese language I think I ever read was in John Delvechio's (sp?) "The Thirteenth Valley" where the troops invent a bogus citation for a medal. I won't even try to paraphrase it, I couldn't do it justice, but if you ever get a chance to read the book, you'll bust a gut. (You'll have other feelings, too, but that's another story. Altogether.)
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Re: Annual Review time
Old 02-22-2007, 05:15 PM   #70
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Re: Annual Review time

Can't say as I miss OER's and Evals. It is interesting how they military evals affect both the evaluator and the evaluee. In the Health care orginization we can be 60 days late and still not catch any flack. Try that in any service branch and kiss your carreer good by.
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Re: Annual Review time
Old 02-22-2007, 05:28 PM   #71
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Re: Annual Review time

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Can't say as I miss OER's and Evals. It is interesting how they military evals affect both the evaluator and the evaluee. In the Health care orginization we can be 60 days late and still not catch any flack. Try that in any service branch and kiss your carreer good by.
MegaCorp is quite insistent upon timely completion of evals. We have zero tolerance beyond the defined period which is usually 2 weeks. The merit budgets hit payroll at the end of two weeks and if the paper is not signed by both parties...no merit increase...now that is motivation.
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Re: Annual Review time
Old 02-22-2007, 08:09 PM   #72
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Re: Annual Review time

One division of a megacorp doesn't give managers THEIR merit increase until they have completed all their evals. Now that is incentive!!
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Re: Annual Review time
Old 02-25-2007, 07:21 AM   #73
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Re: Annual Review time

I just got my inital performance review. My branch of the gov't uses only two ratings: Acceptable, and unacceptabe.

I told my boss that I perform at superior or excellent and would have to slow down a bit to earn my acceptable.

The Army National Guard had a huge problem with late evaluation reports. I once went almost 3 years without one. Then got a letter from military personnel telling me I had better get one done. I was an O3 at the time, my rater was an O6. I had no success ordering him to get to work.
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Re: Annual Review time
Old 02-25-2007, 10:37 AM   #74
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Re: Annual Review time

I just remembered that I have an annual review coming up soon and I can't wait to put retirement under goals and objectives.

Bruce
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