Staff rankings come under scrutiny

A numerical system should only be used for developing employees' potential

How do you rate? Are you an overperforming five, an underperforming one, or a mediocre three? Many would argue that it does not matter. But when redundancies are being made, performance appraisals can take on a whole new meaning.

'If you score a three, you can be a happy camper,' says the head of performance management at a global investment bank. 'Anything less would indicate that attention needs to be given to personal and professional development.'

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached