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FREE HR TEMPLATE Last updated 27 June 2026

Performance management policy template

A free, ready-to-edit performance management policy template for Australian workplaces. Set clear expectations, run fair and consistent reviews, and follow a structured underperformance process that supports procedural fairness — no signup required.

Performance management policy

PDF format • Ready to download

Clear expectations & goal setting
Structured review cycle & feedback
Fair underperformance process
Procedural-fairness documentation

By downloading, you agree to our template disclaimer

This performance management policy template reflects Australian workplace and Fair Work standards at the time of publication and is provided as a general guide to adapt for your business — it is not legal advice. It does not constitute legal, HR, or professional advice and should not be relied on as a substitute for advice specific to your business, workforce, or circumstances.

Why your workplace needs a performance management policy

A performance management policy is a formal framework that aligns each employee’s goals with your business objectives. It sets out how expectations are agreed, how feedback and reviews work, and what happens when performance falls short — so managers apply consistent standards and employees know exactly where they stand.

Without a documented framework, standards drift between managers, employees feel unsure about what’s expected, and underperformance goes unaddressed until it becomes a serious problem. A clear policy creates fairness on both sides: employees understand how they’ll be assessed and supported, and managers have a repeatable process that reduces bias.

It matters for compliance too. Under Australian workplace law, if you ever need to terminate someone for poor performance, you need to show you followed a fair, documented process. A consistently applied policy demonstrates procedural fairness and helps protect against unfair dismissal claims. Store the policy and capture acknowledgements in your HR software so you can show every worker has read and understood it.

Manager conducting a performance review with an employee

What a performance management policy should cover

The essentials of a fair, consistent framework

Performance standards

Clear, measurable expectations and goals (KPIs) for each role.

Review cycles

When and how formal reviews are scheduled and conducted.

Ongoing feedback

Regular two-way check-ins, coaching and informal conversations.

Performance ratings

How performance is assessed, rated and calibrated fairly.

Improvement process

A structured path for addressing underperformance, including PIPs.

Documentation

What records are kept and how they support procedural fairness.

What's included in this template

A complete framework for managing performance consistently

Purpose & scope

Why performance management matters and who and when it applies to.

Policy statement

Core principles of fair, supportive and consistent performance management.

Performance expectations

How job expectations and measurable goals are set and communicated.

Review process

The formal review cycle, timing and how meetings are run.

Ongoing feedback

Regular check-ins, coaching and informal feedback between reviews.

Performance ratings

How performance is assessed and rated, with clear definitions.

Performance improvement

Informal steps, formal improvement plans and warnings.

Recognition & development

How strong performance is acknowledged and linked to training.

Documentation & records

What is recorded and how records are stored and maintained.

Review & acknowledgement

Policy maintenance and employee sign-off.

Managing underperformance fairly

A clear process protects employees — and your business

Procedural fairness comes first

Before any formal action, employees should understand the standard they’ve missed, be given a genuine opportunity to respond, and be offered support to improve. Document every conversation — if performance ever leads to dismissal, a fair, recorded process is your best protection against an unfair dismissal claim. See how to write a warning letter.

Separate performance from misconduct

Genuine underperformance (not meeting the standard) is managed differently from misconduct (a breach of conduct rules). Performance issues call for support, coaching and a performance improvement plan; serious misconduct may justify a faster disciplinary response.

The underperformance process

Informal feedback

Raise the concern early, clarify the gap and agree on changes.

Improvement plan

Set specific goals, support and a realistic timeframe in a PIP.

Formal review

Meet to review progress, with a support person if requested.

Document outcomes

Record each step, decision and the next review date.

Outcomes range from continued support and coaching to a formal warning or, where there is no improvement, termination — applied consistently and only after a fair process. Use a performance review template to keep assessments structured and comparable.

A good policy also recognises that not all performance issues are conduct issues — some employees need development rather than discipline, which is where your capability policy and training & development policy apply. The Fair Work Ombudsman’s best-practice guide on managing underperformance sets out the expectations Australian employers should follow.

Who should use this template?

Any Australian business that wants fair, consistent performance management

Especially useful for businesses with managers, where consistent standards across teams matter most.

Compliance resources

Official guidance on managing performance and underperformance fairly.

Manage your policies the easy way

RosterElf helps Australian businesses store policies, capture employee acknowledgements at onboarding and keep an audit trail — all in one place.

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FAQ

Performance management policy FAQ

  • A performance management policy is a formal HR framework that aligns individual goals with your organisation’s objectives. It sets clear expectations, outlines how feedback and reviews work, and standardises the steps for addressing underperformance or supporting growth. Core components include objective setting (measurable goals or KPIs), regular monitoring and two-way feedback, structured reviews, and a fair underperformance process.

  • A complete policy should cover its purpose and scope, a policy statement of principles, how performance expectations and goals are set, the review cycle, ongoing feedback, how performance is rated, a structured improvement process for underperformance, recognition and development, documentation and record-keeping, and an employee acknowledgement.

  • Yes. This template is a solid foundation, but you should tailor it to your workplace, management structure and any applicable modern award or enterprise agreement. Make sure your procedures align with Fair Work requirements for procedural fairness before rolling it out.