11/22/2022
While we've been trying not to use the term "unprecedented" this year, Society for Human Resource Management (SHRM) reports that Ford is doing something "unusual" in its policy for underperforming employees. Those identified as underperforming are being given the opportunity to accept either a severance package or a traditional performance enhancement plan . While this is not something that everyone can do, this new way of viewing employee performance has insights that are useful to all companies. Read the full story below. π
βFord Motor Co. has ushered in a new approach to handling underperforming employeesβan unusual strategy that has piqued the interest of HR professionals but that some employers might find unworkable. The carmaker is paying low performers to leave the comp