In this segment , Nolan and Kelli discuss new information about Shopify's Mastery Program. Employees are assigned a mastery score, and if their score does not increase, they do not receive a raise. They cover the implications of this new approach, comparing it to previous systems used by other companies which also relied on ratings and algorithms to determine merit increases, and discuss the zero-sum paradigm in the workplace. While not exactly new, internal competition is front and center in Shopify’s experimental new program.
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LINKS:
Shopify Mastery: https://www.shopify.com/news/mastery
Information article: https://www.theinformation.com/articles/shopify-employees-go-head-to-head-for-raises-in-new-ranking-system
KEEP UP WITH NOLAN, + KELLI ON LINKEDIN
Nolan: https://www.linkedin.com/in/nolan-church/
Kelli: https://www.linkedin.com/in/kellidragovich/
TIMESTAMPS
(00:00) Introduction to Shopify's Mastery Program Discussion
(04:34) Exploring the Broader Implications of Performance Review Systems
(08:59) A New Era of Performance Management and Employee Evaluation
(09:04) Sponsor: Attio CRM
(09:57) Nolan’s Time at Carta
(11:55) Commending More Experimentation
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