What is the Performance Pay Increase?
The Performance Pay Increase replaces within-grade increases and quality step increases. This pay increase is based on the annual rating of record using a share distribution process. Employees who receive a FME rating of record are eligible to receive up to two shares and employees who receive a Significantly Exceeds Expectations (SEE) rating of record are eligible to receive up to 4 shares.
Related Questions
- Can an employee be given an increase in Performance Pay and/or Promotion Pay only once annually as a result of a Performance Review, or is this option available at other times during the year?
- Do the performance evaluation period beginning and end dates have to be the same as the within grade pay increase eligibility dates?
- Can employees receive a Performance Pay Increase if their pay is at the top of the band?
