1 / 14

Survey Participants

APPA Salary Survey Public Power Compared to IOUs and Cooperatives March 2004 Prepared by: Milliman USA 1301 Fifth Avenue, Suite 3800 Seattle, Washington 98101-2605 206-504-5545. Survey Participants. Findings. $5 to $50 million revenue

beata
Download Presentation

Survey Participants

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. APPA Salary SurveyPublic Power Compared to IOUs and CooperativesMarch 2004Prepared by:Milliman USA1301 Fifth Avenue, Suite 3800Seattle, Washington 98101-2605206-504-5545

  2. Survey Participants

  3. Findings $5 to $50 million revenue • APPA members tend to pay at or below average for all positions in the analysis. $51 to $300 million revenue • APPA members tend to pay above average for lower level positions and progressively below average as positions become more senior. Other • Bonus eligibility increases with the size of the organization • Long-term incentive programs are virtually non-existent among the smaller organizations and only in place at one-third or less of larger organizations, depending on the position.

  4. Findings

  5. Findings

  6. Findings

  7. Findings

  8. Findings

  9. Findings

  10. Findings

  11. Findings

  12. Findings

  13. Findings

  14. Conclusions • Cooperatives and investor-owned utilities already appear to have established somewhat more aggressive compensation practices than their public counterparts. • Smaller public power utilities appear to be at greater risk in the competition for labor talent than do the larger organizations. • The use of short-term incentives is one approach to providing competitive total cash compensation levels, one which should be given serious consideration in establishing a competitive total pay program. • APPA members with over $50 million in revenue should seriously evaluate their incentive programs given the findings of this survey that bonuses are used by over half of the coops and IOUs. • The relative infrequency of use of long-term incentives may provide APPA members with an opportunity to lead the market by using this type of compensation vehicle.

More Related