What is a Performance Improvement Plan?
A performance improvement plan (PIP) is a structured approach used by employers to help underperforming employees become successful in their roles. The plan outlines objectives that the HR team will need to work on to help employees succeed in their position and improve their performance. It also serves as a way for employers to provide additional guidance and resources to help employees meet their goals.
What's included in this Performance Improvement Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Performance Improvement Plan template for?
This performance improvement plan template is designed to help HR professionals and department managers create a PIP for their organization's employees. It helps to ensure that each employee has a clear understanding of the expectations for their role, and the resources and support available to help them achieve their goals.
1. Define clear examples of your focus areas
A focus area is the broad, overarching goal that the employee is working to achieve. Examples of focus areas might include improving communication, increasing efficiency, or improving quality. It is important to be specific when defining focus areas so that they can be easily measured and tracked.
2. Think about the objectives that could fall under that focus area
Objectives are specific tasks or goals that the employee needs to complete to achieve the focus area. Objectives should be measurable, achievable, and time-bound.
Examples of some objectives for the focus area of Improve Communication could be: Increase Employee Engagement, and Increase Transparency.
3. Set measurable targets (KPIs) to tackle the objective
Key performance indicators (KPIs) are measurable targets that are used to track progress towards achieving an objective. KPIs should be specific and measurable, and should be set with a realistic target that can be achieved within a set timeframe.
An example of a KPI for the focus area of Improve Communication could be: Increase employee satisfaction with communication.
4. Implement related projects to achieve the KPIs
Projects are actions that the HR team will implement in order to achieve the different KPIs it has set up. Projects should be specific and measurable, and should include a timeline for completion.
An example of a project related to Improve Communication could be: Implement feedback system.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform provides comprehensive tools to help you easily create, implement, and track performance improvement plans. With Cascade, you can quickly measure the impact of your strategy, identify areas of improvement, and get real-time insights into the success of your plans. Cascade allows you to quickly achieve better results from your performance improvement strategy.