Why we got rid of PIPs at OpenBB
· 10 min read
At OpenBB, we removed Performance Improvement Plans (PIPs) in an attempt to increase the company's talent density pool rate.
At OpenBB, we removed Performance Improvement Plans (PIPs) in an attempt to increase the company's talent density pool rate.
With the launch of the OpenBB Terminal Pro approaching, we're excited to announce the hiring of Michael Struwig, a Ph.D. with expertise in AI and quantitative finance. Michael will help us to further our AI capabilities, reinforcing our commitment to innovation in the open-source finance space.
Firing is tough. This blogpost discusses how to avoid it by hiring A players, improving the hiring process, and understanding the importance of a scorecard in recruitment.