Word: yank
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Those concessions produced a softening on the European side. Even the perennial Yank-bashers in Paris are trying to play nice. "Bush came in with big theories," says a French diplomat, "but on all these questions the Administration has evolved." Yet Bush is hardly rolling over on all issues. In response to American steelmakers' allegations of "dumping" by foreign manufacturers, the Administration may impose import tariffs on steel, an idea protested across Europe and Asia. "Bush is a single-minded ideologue," complains Portugal's former President, Mario Soares. "The U.S. is doing things that have grave consequences for the world...
Whether they're fair or not, bell curve-like rating systems--which many employees now call rank and yank--have spread in recent years to some 20% of U.S. companies, and the trend is growing. They're particularly handy during periods of economic slowdown like the present one, when employees tend to cling to their jobs rather than retire or change positions. That lowers the normal rate of departures through attrition--which can run as high as 20% of a corporate work force when people feel like job hopping--just when companies are seeking to cut their costs to satisfy...
...differences, it is very difficult to justify laying off that person," says Paul Gregory, a Houston attorney who specializes in employment law. That's particularly true if the person had been told for years that his or her work was fine. "Part of the problem with rank and yank," Gregory says, "is that most managers were not trained to give honest evaluations, so no honest, critical history exists...
...Whether they're fair or not, bell curve-like rating systems--which many employees now call rank and yank--have spread in recent years to some 20% of U.S. companies, and the trend is growing. They're particularly handy during periods of economic slowdown like the present one, when employees tend to cling to their jobs rather than retire or change positions. That lowers the normal rate of departures through attrition--which can run as high as 20% of a corporate work force when people feel like job hopping--just when companies are seeking to cut their costs to satisfy...
...differences, it is very difficult to justify laying off that person," says Paul Gregory, a Houston attorney who specializes in employment law. That's particularly true if the person had been told for years that his or her work was fine. "Part of the problem with rank and yank," Gregory says, "is that most managers were not trained to give honest evaluations, so no honest, critical history exists...