At most Silicon Valley companys I've worked at, anything less than excellent performance resulted in executives losing their position - the equivalent of being "fired" (In some rare cases those executives stayed with the company in a reduced role, but that was rarely the case - who wants to go from Senior VP of marketing to manager of technical publications - and the requisite $500K+ year of compensation to $125K)
On the flip side, as long as the line employee was performing reasonably adequately - they were rarely fired. Only those who were performing abysmally were part of the typical 10% annual churn.
Your experience may be different, but, that was mine.
On the flip side, as long as the line employee was performing reasonably adequately - they were rarely fired. Only those who were performing abysmally were part of the typical 10% annual churn.
Your experience may be different, but, that was mine.