A Performance Improvement Plan (PIP) is a formal approach to remedy an employee’s performance gaps, including failures to meet specific job goals or behavior-related concerns. The plan outlines the ...

A thoughtfully designed process supports employees’ growth, provides them (and their leaders) with meaningful feedback, and ...

Impact Link I felt like a deer in headlights. I sat there on Google Meet as my supervisor explained the parameters of a performance improvement plan (PIP). I was frozen, and I felt powerless.

If an employee struggles with poor performance, they can work with their manager to get back on track with a performance improvement plan.

The Japanese automaker's CEO will forfeit half his compensation due to the poor performance. Bloomberg's Reed Stevenson talks about Nissan's efforts to turn things around. (Source: Bloomberg) ...

Commissions do not affect our editors' opinions or evaluations. Writing a business plan not only helps you stay on track as you start a new business, but it can also help you secure funding.

Home improvement costs can vary depending on what part of the home you're fixing, but according to Rocket Mortgage, Americans spent an average of $22,000 on a single home improvement project in 2023.

Creating a savings plan can help to increase your personal savings rate. A savings plan is a blueprint for achieving your financial goals, which may include saving for emergencies or planning for ...

"Home Improvement" actor Richard Karn was spotted on a rare, yet casual, outing in Los Angeles. The 68-year-old was seen with his wife, Tudi Roche, earlier this month as they went grocery shopping ...

If so, you might be considering using a Performance Improvement Plan (PIP) as a way to help the person succeed. Explore HBR HBR Store About HBR Manage My Account ...

This could make it a good option for borrowers who need to pay for large home improvement projects. The lender’s annual percentage rates (APRs) are competitive for well-qualified borrowers.