Question:

What is a performance improvement plan and what is its purpose?

Answer:

Ideally, a performance improvement plan helps employees meet performance expectations and avoid termination, but it also helps employers reduce the risk of termination if that becomes necessary.

In general, a performance improvement plan:

• specifies your expectations for employee performance
• defines what success looks like going forward
• sets regular meetings with the employee to discuss their progress
• explains the consequences of failing to make and sustain performance improvements as outlined in the plan.

If an employee who’s on a performance improvement plan does not improve their performance, managers then have documentation showing that the employee was made aware of their poor performance, given a chance to improve, failed to do so, and understood the consequences.

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–The Live Advisor Team