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Metric fixation can make employees ignore the real values and goals of the company and focus on their short-term weekly or monthly goals so that they keep their jobs, get a pay raise or have their stock options out at the right time.
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On a macro level, metric fixation can lead to companies focussing on the quarterly report while ignoring any real R&D work, that takes years to provide any result.
Companies also suffer millions of hours of productivity loss due to employees maintaining performance records, a lot of expense...
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Metric Fixation, an epidemic in most of the world's biggest companies is a way to measure employee performance primarily by numbers, counted, tallied, compiled and analyzed in daily, weekly or monthly intervals.
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The rewards of the metric performance measurement can be as a form of a monetary bonus, stocks or just an enhanced grade or designation, leading to competition among employees. This leads to many employees gaming the system to affect the bottom line of their metrics.
Ex...
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Short term impact of the changes implemented because of the Employee Financial Wellness Initiative are:
Free food, Beer taps and ping pong games in the break room do not help employees feel connected with the company's vision, mission or direction.
Employees prefer equity/stock compensation, the non-cash payout they get by being allocated restricted stock options.
Employees the...
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