Been Put on Coaching Plan, what will happen if I fail the plan?
I'm working at the Corporate Home Office for a white collar job and recently got put on a coaching plan after joining the firm for about couple of months. The coaching plan lasts 60 days and was signed in the Workday system by me and the manager. No HR was involved. We have weekly check-ins to write down weekly performance. Based on what's listed in the coaching plan for success criteria, I think I already failed the plan. Can anyone tell me - What's gonna happen next? Termination? Usually when will they conduct termination? On the day of finishing the coaching plan?
Additional information: I saw somebody is asking - so I joined the firm and the two projects I did did not meet manager's expectations. He said there's a gap between my current performance and the level of my job role. He gave me some written feedback on competency models. Then he pulled me into the coaching plan which lists areas I need to improve. So far, I think I made some progress but didn't beat the success criteria he listed in the plan. I didn't do anything against the policies.