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Performance improvement policy

Yardstick recognises that most team members will meet or exceed the requirements of their role. However problems with performance can arise and this policy aims to set out a fair, transparent and consistent way that we will deal with performance issues. 

We will always consider and address all relevant issues under the Equality Act 2010 in relation to the nine protected characteristics including disability and any other issues raised by the team member.

Performance issues may become apparent in a variety of ways including but not limited to the following examples:

  • Under/poor performance
  • Persistent failure to meet aims and objectives
  • Failure to achieve stated sales and/or performance targets.

There might be several reasons for this including but not limited to the following examples:

  • Incompetence
  • Lack of suitability to the role
  • Lack of application
  • Poor attitude
  • Stress.

Informal resolution

We will endeavour to address performance issues as early as possible. Many such issues will form the basis for discussions during performance review meetings and/or appraisals, or may begin as informal discussions between you and your head of department.

In all cases, full consideration will be given to resolve these issues with the appropriate level of support to help you achieve the standards required without the need to resort to formal procedures.

All team members being the subject of informal resolution for capability matters will be informed in writing of the following:

  • The improvement in performance required 
  • The timescale for improvement 
  • Any support to be received 
  • The consequence of not meeting the performance targets. 

Formal resolution

Performance issues will normally only be the subject of formal procedures where the team member has been unable to meet the required improvements through the informal procedure and within the specified timescale.

If we decide to move forward to formal resolution then the principles of fairness, practice and procedure laid out under the Disciplinary policy above will be followed.

In the event that the team member appears incapable of achieving the standards required following appropriate support, training and warnings, then this will be regarded as issues of incapability that are potentially serious enough to justify dismissal.

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Working with some great businesses.

Ian Else

Founder & Financial Planner, 4 Financial Planning

"The brand, logo and website has hit the brief perfectly and I couldn’t be happier! I wouldn’t hesitate to recommend them.”

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Heather Hopkins

Managing Director, NextWealth

"They were a delight to work with – super responsive to our requests and also brought lots of good ideas to the table."

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Rob Gill

Managing Director, Altura Mortgage Finance

"Best of all, their results driven approach is both refreshing and helping us achieve real goals. Thank you Yardstick!”

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Tom Orchard

Director and Financial Planner, Annetts & Orchard

"I’m a big Yardstick fan now and look forward to working with them on future projects."

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Alasdair Walker

Managing Director, Handford Aitkenhead & Walker

"We have felt like collaborators, rather than customers, and feel like Phil and his team has a vested interest in our marketing success that far exceeds his fee.”

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ENDA BRADY

Financial Planner, IQ Financial

We were lucky to be referred to Yardstick last year. We are delighted we hired them. They have specialist knowledge designed specially to help Financial Planning businesses like ours.

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JAYNE GRAVES

Head of Marketing, Ellis Bates Financial Advisers

Phil's style is informed, humorous and collaborative. The content is punchy, relevant, a go-to guide on how to create more recommendations and prompts action with no exceptions. Great workshop.

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LLOYD FRENCH

Financial Planner and Founder, Delaunay Wealth

I am absolutely delighted with all the work the Yardstick team has done for us and am very excited about how this will drive our new business/client acquisition in future. I would highly recommend them to any financial planning firm that takes their business seriously.

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JASON MCCONKEY

Director and Financial Planner, Insight Wealth

Great to work with a good professional outfit that had provided us direction and clear thinking in marketing our business effectively to obtain quality new clients.

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GUY SKINNER

Director & Financial Planner, Citygate Financial Planning

A thorough and excellent service. Phil and his team know exactly what to do, how to do it and when to do it. We very much look forward to working together more in the future.

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