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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
 
 
 
 
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
 
 
 
Home » Glossary » What is Employee Probation
What is Employee Probation  

What is Employee Probation



 
 

Employee Probation is a period of time that an employer provides to newly recruited employees in order to understand whether they are suitable to the positions which they have been hired for: they have to stay under attentive supervision during the whole probatory term, while they are expected to demonstrate their capabilities, prove their eligibility for the job, show a degree of their competence and willingness to get full employment (with a regular level of salary and benefits, while probation term is usually compensated at a lower rate). 

Another type of employee probation is a disciplinary probation (“a second chance”) – a time given to an employee by the management to enable this person to prove his suitability to remain with the company after he had committed certain misconduct or mismanagement which is incompatible with his current role, job, or corporate ethics. When managers consider that giving a second chance to an employee is rational, this person will be introduced to a certain plan (probation term) during which this employee will stay under specific disciplinary supervision so he can prove that misconducts or mismanagements will not re-occur.

 

 

 

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