Composition of acronyms used in quarterly performance reviews for staff at some professional service firms (CO/VFE
FE): Consistently Outperforming/ Very Frequently Exceeding Firm Expectations. Typically denotes the top 2 performance levels, achievement of which is usually required for career advancement or continuation. Exact nomenclature varies by firm. Common lower levels are Frequently Exceeds, Strong Contribution and Inconsistent Performance.
The term became a matter of public debate when Donald Trump, 45th President of the
USA, tweeted it. Trump may have gained knowledge of the term during his
business career or in
government.
"Congratulations to the consultants who were graded
CO/VFE and who
will now
assume project-management positions"
"Despite the negative press, I'm covfefe"