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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.
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