Employers are not legally required to have any performance policies in place although the ACAS Code of Practice must be followed when dismissing an employee, see:
https://www.acas.org.uk/acas-code-of-practice-on-disciplinary-and-grievance-procedures
However, it is useful to have formal performance procedures in order to provide consistency and fairness and so staff members understand what is expected of them.
P13 Performance improvement policy and procedure
Associated resource
P13 – Performance Improvement Policy and Procedure
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