Atlassian and Canva are implementing stricter performance management for employees
Both firms have five-tier ranking systems, which root out underperforming staff
The Aussie tech firms are borrowing HR methods pioneered by the likes of GE
Atlassian and Canva’s famous workplace cultures are shifting as the companies embrace tougher performance management metrics favoured by tech industry titans like Amazon and Microsoft to focus staff in a bearish market.
The two biggest names in Australian tech hired thousands of staff in bull markets over the last five years, often managing them on friendly performance metrics where most scored well and received generous rewards.
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Nick Bonyhady is a technology writer for the Australian Financial Review, based in Sydney. He is a former technology editor, industrial relations and politics reporter at the Sydney Morning Herald and Age. Connect with Nick on Twitter. Email Nick at nick.bonyhady@afr.com
Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com
