Laserfiche WebLink
If the Utilities' margins are negative due to sudden and unforeseen material changes to the <br />industry or customer base, the Commission reserves the right to withhold distribution of the <br />Performance Based Compensation Incentive in any given year. <br />4.0 Employee Qualifications and Distribution of the Incentive Compensation <br />An employee of the Utilities will be eligible for participation in the Performance Metrics <br />Incentive Compensation distribution if the employee meets the following eligibility requirements <br />and is therefore a "Qualifying Employee" for purposes of this policy. <br />a. The employee is in good standing with the Utilities. An employee would not be eligible <br />while on disciplinary probation or a performance improvement action plan. <br />b. The employee was a Full Time or Part Time employee during the Measurement Period. <br />Seasonal, and Temporary employees are not eligible. <br />The UMPIC Performance Based Compensation Incentive distribution will be made to Qualifying <br />Employees on the first payroll date after the thirty day period following the date on which the <br />Commission formally receives its annual auditor's report in an open meeting. <br />GP:3300714 v4 <br />Adopted December 12, 2012 <br />Revised January 14, 2020 <br />156 <br />