Thought Leadership by WorkDove

Stack ranking is a performance evaluation method that measures employees against one another and forces them into categories of top, middle, and bottom performance.
Positives of stack ranking include that it celebrates high-performers and reduces potential bias. Potential downfalls of stack ranking include unhealthy competition, an absence of core values assessment, it can create an anxious workplace, there is often a lack of consideration of additional performance factors, and it can lead to high turnover costs.
Best practices include transparency and fairness, clear performance expectations, and communication.

Thoughtful performance management and equitable compensation together make a people-first partnership that is essential in today’s business environment. 

Peoples State Bank used WorkDove to create cultural change through the Ideal Team Player method. Learn the WorkDove apps they used to succeed!