The purpose of The HR Digest’s sample performance improvement plan is to help you close important gaps in a employee job performance and address other areas of concern. You can use the PIP template below to create personalized, actionable steps to help employees progress at work. Use this article to learn – what is a performance improvement plan – how it works – what is important – and what to include in a performance plan template performance improvement.
A performance improvement plan (PIP) is a document that outlines the steps needed for an employee to improve their job performance. The goal is to improve the performance levels of the employee, which means the employee will become more productive and efficient. This can be done through trainings, coaching sessions and even mentoring by senior employees.
Having these plans in place is not only beneficial for an employee who needs help improving their performance, it can be beneficial for everyone involved. Asking employees to participate allows managers to track their progress over time and ensure they are meeting the goals set out in the plan. It also helps employees feel in control of their careers, which is something many employees are looking for these days.
But what exactly is a performance improvement plan? And why is it important? Well, we have some answers to these questions – and more. Read on to find out everything you need to know about a performance improvement plan (PIP).
What is a PIP?
The Performance Improvement Plan (PIP) is a set of steps employees can take to improve their performance. A PIP is a great way to ensure that people have a positive impact on the business and help the business grow.
A well-defined PIP helps employees understand their strengths and weaknesses, as well as how their performance may affect co-workers or business results. The process can also be used to address any concerns about conduct or behavior in the workplace.
You need to create your own performance improvement plan template that works for your employees, but also gives them direction and accountability for where to improve.
How it works?
A PIP plan is a set of performance objectives that describe the path to achieving employee goals for performance improvement while outlining relevant KPIs and the monitoring tools you’ll need to track their progress. This is an important part of your employee performance management process because it:
- Identifies what needs to be improved in your employee’s performance and how to do it.
- Provides a roadmap to get there.
- Provides an overview of what has been accomplished so far.
- Provides a framework for taking corrective action if necessary.
- Provides a timeline indicating when you expect these improvements to be made.
For starters, managers can perform performance reviews on employees to determine which ones are underperforming and focus on them. They can also involve HR if the file is difficult to manage alone. HR can work with managers and offer guidance and advice to employees. They can also provide a performance improvement plan template to help with the process.
Why is this important?
Contrary to traditional belief, there are several reasons why these plans are crucial in the workplace for employees, employers, and the business as a whole. Let’s discuss it.
First, employee performance can make or break an organization since people play a major role in its success. With these plans in place, employees will learn and do better to help an organization survive.
Another important reason is that employees keep their jobs while striving to improve themselves. Instead of the pain that comes with being fired, employees feel more secure knowing that their managers want to see them improve so they can keep their jobs. This is a driving force for many employees with poor job performance, as they will feel valued.
Then there is the cost of hiring new employees after laying off an old one. On a positive note, it is much better to use these plans to improve the performance of a current employee rather than starting a hiring process over again. And that’s why we advise employers to do the first and not the second to reduce expenses.
PIP is the best choice to make when you’re stuck between firing employees and hiring new ones. Ninety percent of the time an employee is sure to improve after the whole process, so why not give it a try?
The HR Digest has created a sample performance improvement plan to provide a clear and concise mechanism for improving performance in the workplace. The elements contained in this PIP template are subject to change depending on your goals and expectations.