Podcasts Technology The Cloudcast Navigating the Annual Review

Navigating the Annual Review

Published: Oct. 8, 2023, 5 a.m.

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With many companies doing annual reviews this time of year, we go through some guidance, tips and tricks and strategies for navigating reviews with your manager, and reviews with your teams.\\xa0

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HOW TO MANAGE THE PROCESS THROUGHOUT THE YEAR

  • The annual review is a year-long project, but most people only focus on the 3-4 weeks around it.
  • It\\u2019s about what you do, but it\\u2019s also about what you do that\\u2019s visible beyond your team.
  • Know how your company measures success and structures rewards/promotions/recognition.

THE GOOD, BAD AND THE UGLY OF THE ANNUAL REVIEW

  • HR controls the process, and your manager generally doesn\\u2019t want to deal with it.
  • Most companies allocate a strict budget, which is top-down.\\xa0
  • Most companies grade on a broad bell curve; most people end up in the middle.\\xa0
  • It\\u2019s good to understand concepts like grade levels and mid-points of compensation.
  • \\u201cPay transparency\\u201d is probably not what you think.
  • Some (not all) bosses aren\\u2019t thinking about your career, so you need to own it
  • Promotions usually take a few cycles to happen. Ask around to understand that process.\\xa0
  • For example, don\\u2019t expect the startup CEO to give you the best advice for your career, their interests may diverge from yours, asking more experience people how they do X may result in outdated advice.


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