I had similar problem with u...only yesterday I am put on Performance Improvement Program for 2 months to 'buck up'. My 3.5 years of chronology starts like this:-
April 2008 - Employed as Trg Mgr under Gaming Industry
July 2008 - Confirmed with increment
Jan 2009 - Another good increment & good bonus (asked to help out in F&B line)
Jan 2010 - Another good increment & good bonus (continue to help in F&B line)
May 2010 - New MD came on board. Start talking about wanting the group company to be a CORPORATE company... Introduce drastic change
Jan 2011 - Good increment & bonus
Feb 2011 - Company brought in consultant to help revive dying F&B business. I was instructed to work closely with the consultant. All my plan put on hold. I did follow...so passing the 'training manager' baton to the consultant
May 2011 - Too heavy workload, company hired a trainer to help me. Together we only receive instruction to do what was given. Planning n developing of training not done by us but consultant.
August 2011 - Superior cannot stand workload n pressure, hand in resignation...MD spoken to her...she withdraw resignation
Oct 2011 - Performance appraisal, mentioned that my performance poor, my salary higher than even Sr. Manager so company decided no increment n bonus for this year
18 November 2011 - Formally put me on Performance Improvement Program (PIP)...2 months to improve. I replied requesting training as I have been asked to handle F&B training without me having experience and training given.
I know that the company's intention is to force me to leave...this PIP is a tool to satisfy the regulation that a staff had been given every chance to improve before being sacked... in reality, once a staff is put on PIP, he will be gone in 1 month.
When the MD came on board 1.5 years ago, he terminated many staff, mostly high level staff and had to pay a lot to them. So the company changed its rule so that 2 months termination notice became 1 month and carry forward annual leave from 1 year entitlement to only 1/3 annual leave entitlement. Then came a lot of IR cases so together with the past GM or HR, we designed this PIP to cover-up ourselves. Now this PIP is being used to turn me out. For your info, since the MD came on board, we already changed 4 GM for HR....