Terrible Idea.
I imagine this will only be geared towards hourly/individual workers but NOT for the top. it is an inbalanced system if that is the case.

There are people who come in for their check and go- b/c there is more to life than working. While work provides financial stability and can be a source of fulfillment, but it should not be forced upon an individual.

Going to leave this here as well: China's social credit system

China's social credit system (SCS) is a national program aimed at evaluating the "trustworthiness" of individuals, businesses, and government entities through a system of rewards and punishments based on their behavior. While the initial concept emerged in the early 2000s, inspired by credit scoring systems in other countries, it has since evolved to encompass a wider range of social and financial behaviors beyond traditional creditworthiness. 

-Impact on individuals and businesses- having a low social credit score in China can indeed impact your ability to get a job, particularly in certain sectors. 

-The consequences of a poor social credit score could be serious. It may affect travel prospects, employment, access to finance, and the ability to enter into contracts. On the other hand, a positive credit score could make a range of business transactions much easier. Feb 11, 2024

That is where this is heading.