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tagged with all of: tech-industry + productivity
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Civo implemented a four-day work week to boost employee satisfaction and talent retention, reporting no significant change in productivity. While challenges remain in certain departments requiring coverage, the model has been well-received by staff and has garnered interest from other tech firms exploring similar initiatives.
The article discusses the discrepancies in hiring practices within the tech industry, highlighting how superficial factors like school prestige and current employment status often overshadow actual productivity and potential. It argues for a shift toward valuing diverse backgrounds and investing in training to cultivate talent rather than relying solely on trendy resumes. The author draws parallels between sports hiring strategies and tech recruitment, emphasizing the need for a more inclusive and effective approach to talent development.
Microsoft has implemented stricter performance management policies to address underperformance, including a new exit strategy for employees rated in the lowest performance bracket. These changes prohibit internal transfers for low performers and establish a two-year rehire ban for those who leave under poor performance conditions. The initiative aims to enhance productivity and efficiency within the company.