Word: ge
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Dates: during 2000-2009
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...software engineer in General Electric's medical-systems division whose gripe echoes those of millions of mid-level professionals in corporate America. She says employees like her have been pressured to put in longer hours and take on more work to help her unit make its bottom-line numbers. GE's corporate elite are facing the same pressures, of course. But as anointed members of the GE star track, they're likely to spend 18 months to two years at a particular business before transferring to another--often leaving problems among the B's, a less mobile group, for another...
...GE is a great company in terms of benefits, and I'm glad to have a job," she says. "But in two years, when my kids are gone, I doubt that I'll put up with this." Responds GE medical-systems spokesman Patrick Jarvis: "We do employee surveys every year to find out what employees are thinking and to improve the environment...
...them, up from 13% in 1997, according to the consulting firm DDI. "Of course, you don't want to make the B's feel bad, but you also want to instill a philosophy of continual improvement," says Noel Tichy, a management professor at the University of Michigan and a GE alumnus...
Critics say rank and yank can be used as a smoke screen for downsizing or simply dumping older workers who populate the lower rankings. Ford and Goodyear dropped their forced-ranking systems after a number of discrimination lawsuits. GE is using its grading practice to cut labor costs, says a former manager in the medical division. He says he was pressured to identify employees as "Code 4s" (on a 1-to-4 ranking scale, with 4 being worst) and "get rid of them. I never had 10% of my workers who were Code 4s, but I had to come...
...GE PROFILE TRIVECTION OVEN Sure, the microwave is a technological miracle, but it's still used mostly just to defrost meat or reheat leftovers. GE's new flagship oven ($2,349 to $3,899; due this fall) combines thermal, convection and microwave cooking. A Thanksgiving turkey gets done in half the time but stays moist and crisp. And don't toss out your beloved cookbooks. The Auto-recipe tool converts conventional oven temperatures and cooking times...