If I get a bad review, that's a signal that I need a new job, because I think I'm doing well and I must have a terrible manager if he'd wait a whole year to tell me otherwiseThis exactly. I've had two and half performance improvement plans in my 20 years.
1. My performance and attitude really did suck. I had been at a company too long (9 years), raises were anemic and the bonuses had gotten cut over the years to the point that in year 9 I only made $7K more than I did in year 2. My skillset had atrophied because I was both dealing with personal issues and concentrating on other "working hobbies" where I was making extra money. It was a horrible cycle. The further behind I fell salary wise, the worse my attitude got. I finally left 10 years ago and learned a lot from that mistake.
2. The second time (two jobs later, the company I worked for after the first event went out of business) wasn't because of performance but because I stepped on the wrong coworkers toes - a team lead that wasn't my manager. I learned this time around. I played the political game long enough after the PIP to get a set of skills I wanted (about three months) and left and got another job making 25K more. I did learn some political skills from that experience.
3. I went to another company where I was hired by a manager who was told by his manager to bring people in who could "affect change". The old guard won over, my manager's manager was laid off and my manager was forced out three months later. I got a bad review from my new manager - as did everyone my manager had hired - and we all left within 3 months. This time I left for $13k more and got a job as a team lead.
- I was now working for a company that wasn't a software company, I was brought in to create a modern software department and then we got acquired and the new edict was that they "didn't want to be a Software company". But they did need at least two major projects done that I was responsible for, but they would only let me hire contractors and the red tape to get anything done was ridiculous. After realizing I was going to be made the fall guy and getting a preview of what my review was going to be, I started looking for another job and had one in 10 days making $7K more with less official responsibility but more decision making ability and I'm able to get more done with no red tape (i.e. I'm admin for AWS)
My official PIP at job 2 happened about four years ago. Since then and three jobs later, I'm making 40K more and I am a lot smarter politically now.