After the end of the financial year, the fun thing is the annual assessment from the firm. My last firm was really bad in it – the assessment done the year before was endless and finished almost in November. KPMG seems like quite deadline-oriented, so they did the assessment in July and the rating was released in August.
My rating in the last year was “effective” which is quite average. There were two higher ratings above me. The funniest moment was when I asked my colleague about his rating and he told me he got “inconsistent”, which was pretty much a fail, then both of us laughed hard.
Having a rating is cruel as it will differentiate employees with the same job title in salary, but it also provides a mean to self-assess the career goal. I definitely have no chance to be promoted in this year, then there is a choice for me between staying to be effective and starting to look for a job. I admire those people who stay in the same position for ages without promotion and pay rise, but working for a business and being recognised in the meantime should be a better career path.
I am in a good team with a variety of clients. Although my manager recently resigned, I can still learn quite a lot from another manager in quite a long time. Personally, I wish to give me another year to see if I could fit in the team a bit more. If I still get an effective next year, staying will not be an option for me.