ITEM NO:

7a supp

DATE OF
MEETING: November 1, 2011_

Background
Total rewards includes everything of value that employees
receive as a result of their relationship with the Port.
 Pay
 Health coverage
 Pension benefits
 Time off benefits
 Learning and development
 Recognition
 Work experience
 And more

Background
 Total rewards help attract, motivate, engage and retain

employees who will help achieve Port goals and
objectives
 Total rewards philosophy guides planning and
administration of the total rewards package
 Total rewards support Port efforts, like the Century
Agenda

Background
 Accomplishments since the June briefing
 Discussions with Port executives
 Focus groups with department directors
 Continued inventorying total rewards plans and programs
 Affirmed the categories of the total rewards package
 Identified the principles that comprise the total rewards
philosophy

Total Rewards Philosophy
 Plans and programs fall into five categories
 Pay
 Benefits
 Learning and development
 Recognition
 Work experience and culture
 Principles guide the overall philosophy as well as

individual categories

Overarching Principles
 Total rewards should be aligned with the Port's mission,

vision, strategies and values
 The total rewards package should be fiscally responsible
and sustainable as well as flexible enough to respond to
changing conditions
 Total rewards should support employees performing their
best
 The total rewards philosophy applies to all Port
employees and should be consistent and equitable
 Market is defined the recruiting market for a job, includes
both private and public employers

Pay Principles
 Pay will be targeted to market average
 Pay increases should be market competitive

 Similar pay for similar work is important

Benefits Principles
 The benefits package will be slightly better than market

average, health benefits targeted between the 50th and 75th
percentile
 The package will include choices to support diverse needs
throughout employee lifecycles
 Employees should take an active role in understanding and
utilizing their benefits
 The benefits package should provide at least a minimum
level of financial security in the event of disability
 All employees should share in the cost of their health care

Learning and Development Principles
 All employees should have access to a range of learning

and development activities
 Employees and managers share responsibility for
employee development
 All employees should have written development plans
that are reviewed at least annually
 All employees should receive performance feedback at
least annually
 Managers should model their support for learning and
development through their own development

Recognition Principles
 Employee and team accomplishments should be regularly

recognized
 Recognition should be meaningful to those being
recognized
 Employee tenure should be recognized
 Retirees' contributions to the Port should be
acknowledged

Culture and Work Experience Principles
 The varied perspectives and ideas that come from a diverse

workforce are valued
 Programs and activities that promote health, safety and
preparedness on and off the job will be offered
 The Port will promote its unique position as an entrepreneurial
enterprise within a public sector environment
 The Port will support a culture that allows work-life balance
 Opportunities for public as well as community service will be
available
 Programs will create pride in the Port's complex, diverse and
interesting work

Next Steps
 Conduct a gap analysis
 Identify all total rewards plans and programs
 Review plans and programs against the philosophy to
identify gaps
 Develop work plans and strategies to address the gaps
 Develop a communication plan
 Implement the communication plan

Questions?