Misconception about Performance Improvement Plan
In the corporate ecosystem, we all are well aware of the concept of PIP, i.e. Performance Improvement Plan/Program . What we also know is that most people, especially those in junior and mid levels, perceive this as an 'exit' plan. A lot of them lose motivation to work and their performance drops further than how they fared before PIP was initiated for them. Quite a few start job hunting actively and often we see cases where such employees tender their resignation even before the PIP period is completed. There are also some employees who don't fall in either of the last two categories but find time to (abusively) criticize their managers for putting them on the verge of losing their jobs! Image Courtesy: Google Images It is an unfortunate but hard truth that the real concept and objective of initiating PIP will perhaps continue to be misinterpreted in the coming years as well. The larger idea is to help the concerned employees improve on their weak areas and become better ...