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What are the consequences for performing significantly below (or above) expectations?

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What are the consequences for performing significantly below (or above) expectations?

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If an employee does not receive a rating of “Meets Expectations,” he or she is placed on a Performance Improvement Plan (PIP) for 30 days. If the employee does not meet the terms of the PIP, he/she is reassigned, demoted or terminated. Also, failure on the part of an employee to receive a rating of Meets Expectations or higher shall result in the due date for the periodic step increase being delayed for an additional year. A rating of Meets Expectations or higher shall constitute performance at an acceptable level of competence for purposes of eligibility for a periodic step increase under Chapter 11 of the DPM. A rating of Exceeds Expectations or Significantly Exceeds Expectations supports the recommendation of a Sustained Superior Performance award.

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