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10 Reasons NSPS is Bad for You 1. The pay distribution process is not transparent. 2. You are rated by managers who don't work with you. 3. Your payout is not based on your real performance because ratings are forced into a bell curve. 4. Your share of money is given to somebody else because NSPS is budget neutral. 5. The amount of money put into different pay pools is decided arbitrarily. Even if you are a top performer,you might get less money simply because your pay pool has less money than others. 6. Two employees with identical ratings may not get the same raise and bonus. 7. The secret rating process is lengthy and you end up with only a short time to improve your performance for next year's payout. 8. Managers can promote whomever they want to higher level duties and authorize a pay raise of up to 5% without competition. You might not even know there's a new position, let alone compete for it. 9. Because of pay caps, you can’t reach the top of your pay band, so the extra pay potential is just an illusion. 10. Your retirement benefits will be smaller because part of your payout each year may be a bonus instead of a raise. Bonuses are not counted toward retirement. |