Why do I need a Performance Management Policy?
It is important that your business's managers have clear processes and procedures for managing and evaluating performance to facilitate a positive and mutually rewarding employment relationship and align individual goals with those of your business.
This Performance Management Policy provides guidance to you and your business managers (as opposed to your workers) on processes and procedures to be used to improve performance and address and manage performance issues. These processes can be risky, so it is important that you and your managers understand the steps that can or must be followed. This policy is also important to ensure performance evaluations and decisions are made fairly and without bias, by promoting consistency and transparency in performance management processes.
How long will it take to create a Performance Management Policy?
2 minutes! Less time than making a coffee! During the Q&A you can save your progress to come back later, or repeat the Q&A to change an answer or produce a new version of a document.
What do I do once my Performance Management Policy is created?
The policy is ready for you to approve and use as soon as you download it. An employer is required to consult with its employees before implementing any workplace policy. We recommend advising your employees (in writing) of the proposed policy (and its proposed start date), providing a copy of the policy, and specifying a time period for your employees to provide feedback/input or raise concerns. After that, the policy can be introduced. This policy includes an option to create a separate consultation letter to provide this information to your employees.
Other helpful information:
- If you would like to speak to a lawyer regarding your policy (or for any other legal queries) see our specialist employment law firm partner Edwards Law here
- You may also find these bundles or documents useful for your business: Individual Employment Agreement, Employment Essentials, Key Employment Policies and Independent Contractor Agreement
- Check out our FAQs
If you’re unsure whether this policy is what you need, reach out to us at hello@onyourterms.co.nz – we’re happy to help!
This product has been prepared in collaboration with our employment law content partner, Edwards Law.
If you’re not satisfied with your purchase of this product for any reason, let us know why within 10 days of your purchase and we’ll work with you to make sure you’re happy, including giving you a full refund if necessary.
Disclaimer: On Your Terms was created to provide fast, easy and affordable access to legal information and documentation. We are not a law firm and do not provide legal advice. The information and documents we provide are of a general nature, designed for common situations, and may not be suitable for your needs or circumstances. If you need legal advice, we have a network of specialist law firm partners able to help you here.