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Numerous companies do this, they say this is meant to incentivize new hires to work even harder. I’m with you on this one, this policy makes no sense!
It's not uncommon. I find it highly demotivating. But it is definitely not uncommon.
As someone who just did their year end review as a first year, they told me they don’t like giving an exceeds the first year because then theirs no projected growth and “a perceived nothing to build on”
Very common.
Agree larger firms it very common. Only the few exceptional folks are allowed. Question- how did you mgr reflect his views on your review? Do ppl know that you go the extra mile? Have you documented your extra mile activity and had the conversation w your manager about it?
I haven’t accepted the offer 😂 and am on the fence about a team that deliberately holds back someone the first year they join and are the most excited to start contributing