"Meta is overhauling how it grades workers and rewarding top performers with up to 300% of their base bonus, according to internal screenshots of a memo sent to employees on Monday that Business Insider obtained. The social media giant is rolling out a new performance program called Checkpoint, which reshapes ratings into four buckets, according to the memo. It will start in "mid-year 2026," aiming to make performance reviews less bureaucratic and more focused on outcomes."
"Here's how the memo outlines the new distribution and pay multipliers for base bonuses. Outstanding (~20%): 200% individual multiplier, for "outsized impact" above expectations Excellent (~70%): 115% individual multiplier, described as the "high-performance culture baseline" Needs improvement (~7%): 50% individual multiplier, for employees with performance gaps who are expected to improve Not Meeting Expectations (~3%): 0% individual multiplier, for those who "do not meet" Meta's standards"
Meta will replace its existing review system with Checkpoint, a streamlined performance program launching in mid‑year 2026. The program organizes performance into four buckets—Outstanding, Excellent, Needs Improvement, and Not Meeting Expectations—and assigns base-bonus multipliers to each. Outstanding (~20%) will receive a 200% multiplier, Excellent (~70%) a 115% multiplier, Needs Improvement (~7%) a 50% multiplier, and Not Meeting Expectations (~3%) a 0% multiplier. A new Meta Award will grant a 300% multiplier to a very small number of employees who deliver truly exceptional impact. The changes aim to simplify reviews and emphasize rewarding high performance.
Read at Business Insider
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