Know how much time your money gives you.

A Performance Improvement Plan is a formal document from your employer that sets specific performance goals over a fixed period, usually 30, 60, or 90 days. It puts you on a timeline. By the end, your employer may decide that your performance has improved, or it may move toward termination or a negotiated exit.

Not always, but you should plan as if the outcome is uncertain. Some people pass their PIP and stay; at many companies a PIP is the documented first step toward an exit. The practical response is the same either way: know your financial runway, document everything, and quietly start exploring options.

It depends on your contract, your company's practices, and the employment law where you live. Some countries require severance or notice pay. In others, including the US, it is often optional. FakePip lets you compare a result with no severance against one with the amount you reasonably expect.

People on a work visa may have a limited grace period after termination to find new sponsorship, change status, or leave the country. It is often measured in weeks, not months, and it varies by visa type and country. If your right to stay depends on your employer, talk to an immigration lawyer early in the PIP period, not after a decision is made. This is general information, not legal advice.

Yes. The first question asks whether you are on a PIP, already laid off, or simply checking. If layoffs may be coming or you want to know how long you could manage without a paycheck, choose 'Just checking.' You will get the same runway calculation and guidance on building a buffer while things are calm. If you are already laid off, choose that option for a plan focused on your first few weeks.

Runway is the number of months your liquid savings could cover your essential expenses if your income stopped. It is your savings divided by your monthly essentials. This is one of the most useful numbers to know before making decisions during a PIP.