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District of Columbia Compensation Program for Officers and Certain Key Management Personnel with attachments

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US-CC-20-297D
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20-297D 20-297D . . . Compensation Program for Officers and Certain Key Management Personnel which is administered by Chief Executive Officer with approval of Compensation Committee. Participants receive variable compensation tied directly to achievement of key corporate-wide objectives. Participants fall within either Band A, Band B, or Band C depending on nature of their positions and their impact on corporation. Opportunities for variable compensation awards vary depending upon which "Band" participant falls into. Awards can range from 12.5% to 75% of base salaries. Plan provides that awards will not be paid unless earnings, after subtracting variable compensation, are greater than dividends paid in year for which variable compensation is to be awarded. Awards are paid in cash, stock grants and restricted stock (no transferability during first five years after grant and forfeiture of stock upon termination of employment, except for retirement, death or disability, during first years after grant)

The District of Columbia Compensation Program for Officers and Certain Key Management Personnel is a comprehensive program designed to provide fair and competitive compensation to executives and key management personnel working for various government agencies within the District of Columbia. This program aims to attract and retain top talent, ensuring effective leadership and management of public resources. The program offers a range of benefits and incentives to eligible officers and key management personnel. These benefits include: 1. Competitive Base Salary: Participants in the program receive a competitive base salary, commensurate with their level of responsibility, skills, and expertise. 2. Performance-Based Bonuses: District of Columbia Compensation Program acknowledges exceptional performance by offering performance-based bonuses. These bonuses are awarded based on predefined performance metrics and serve as an incentive for personnel to strive for excellence. 3. Retirement Plans: The program offers robust retirement plans, including options like defined benefit plans and defined contribution plans, to ensure long-term financial security for officers and key management personnel. 4. Health and Insurance Benefits: Participants receive comprehensive health insurance benefits, including medical, dental, and vision coverage. Additionally, the program may offer life insurance, disability insurance, and other related benefits. 5. Leave and Time-Off Benefits: The program recognizes the importance of maintaining a healthy work-life balance. Officers and key management personnel are entitled to generous paid leave, vacation time, and other time-off benefits. 6. Professional Development Opportunities: The program supports professional growth and development by providing opportunities for training, workshops, conferences, and certifications. These opportunities enable personnel to enhance their skills and expertise, contributing to their personal growth and professional success. Attachments: 1. Program Guidelines: This attachment provides detailed information about the eligibility criteria, compensation structure, and benefits offered under the District of Columbia Compensation Program for Officers and Certain Key Management Personnel. 2. Performance Metrics: This attachment outlines the performance metrics and indicators used to evaluate the performance of participants and determine eligibility for performance-based bonuses. 3. Retirement Plan Options: This attachment provides an overview of the retirement plan options available under the program, highlighting the features, benefits, and contribution limits of each plan. 4. Health and Insurance Plan Summary: This attachment presents a summary of the health and insurance benefits offered under the program, including coverage details, providers, and any additional features or options available. 5. Professional Development Catalog: This attachment contains a catalog of professional development opportunities, including training programs, conferences, workshops, and certifications that participants can pursue to enhance their skills and advance their careers. Different types of District of Columbia Compensation Programs for Officers and Certain Key Management Personnel may exist based on the nature of the agency and positions. Some possible variations may include specialized compensation programs for law enforcement agencies, educational institutions, healthcare departments, or technology-focused agencies. However, specific details regarding these variations would depend on the agency implementing the programs.

The District of Columbia Compensation Program for Officers and Certain Key Management Personnel is a comprehensive program designed to provide fair and competitive compensation to executives and key management personnel working for various government agencies within the District of Columbia. This program aims to attract and retain top talent, ensuring effective leadership and management of public resources. The program offers a range of benefits and incentives to eligible officers and key management personnel. These benefits include: 1. Competitive Base Salary: Participants in the program receive a competitive base salary, commensurate with their level of responsibility, skills, and expertise. 2. Performance-Based Bonuses: District of Columbia Compensation Program acknowledges exceptional performance by offering performance-based bonuses. These bonuses are awarded based on predefined performance metrics and serve as an incentive for personnel to strive for excellence. 3. Retirement Plans: The program offers robust retirement plans, including options like defined benefit plans and defined contribution plans, to ensure long-term financial security for officers and key management personnel. 4. Health and Insurance Benefits: Participants receive comprehensive health insurance benefits, including medical, dental, and vision coverage. Additionally, the program may offer life insurance, disability insurance, and other related benefits. 5. Leave and Time-Off Benefits: The program recognizes the importance of maintaining a healthy work-life balance. Officers and key management personnel are entitled to generous paid leave, vacation time, and other time-off benefits. 6. Professional Development Opportunities: The program supports professional growth and development by providing opportunities for training, workshops, conferences, and certifications. These opportunities enable personnel to enhance their skills and expertise, contributing to their personal growth and professional success. Attachments: 1. Program Guidelines: This attachment provides detailed information about the eligibility criteria, compensation structure, and benefits offered under the District of Columbia Compensation Program for Officers and Certain Key Management Personnel. 2. Performance Metrics: This attachment outlines the performance metrics and indicators used to evaluate the performance of participants and determine eligibility for performance-based bonuses. 3. Retirement Plan Options: This attachment provides an overview of the retirement plan options available under the program, highlighting the features, benefits, and contribution limits of each plan. 4. Health and Insurance Plan Summary: This attachment presents a summary of the health and insurance benefits offered under the program, including coverage details, providers, and any additional features or options available. 5. Professional Development Catalog: This attachment contains a catalog of professional development opportunities, including training programs, conferences, workshops, and certifications that participants can pursue to enhance their skills and advance their careers. Different types of District of Columbia Compensation Programs for Officers and Certain Key Management Personnel may exist based on the nature of the agency and positions. Some possible variations may include specialized compensation programs for law enforcement agencies, educational institutions, healthcare departments, or technology-focused agencies. However, specific details regarding these variations would depend on the agency implementing the programs.

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Payment of compensation. (a) Compensation under this chapter shall be paid periodically, promptly, and directly to the person entitled thereto, without an award, except where liability to pay compensation is controverted by the employer.

Each paycheck shows your most recent LEI. LEI shows when you received your most recent Within Grade Increase (WGI); WGIs occur every year for Steps 1-5 and every two years for Steps 6-10.

(a) Every employer shall secure the payment of compensation under this chapter: (1) by insuring and keeping insured the payment of such compensation with any stock company or mutual company or association, or with any person or fund, while such person or fund is authorized: (A) under the laws of the United States, the ...

The Federal Employees' Compensation Act (FECA) provides compensation benefits to civilian employees for disability due to personal injury or disease sustained while in the performance of duty. The FECA also provides for payment of benefits to dependents if a work-related injury or disease causes an employee's death.

(a) Notice of any injury or death in respect of which compensation is payable under this chapter shall be given within 30 days after the date of such injury or death, or 30 days after the employee or beneficiary is aware or in the exercise of reasonable diligence should have been aware of a relationship between the ...

Report job-related injury or illness in writing to the Office of Workers' Compensation within 30 days of occurrence or awareness. Complete the DCWC Form 7. The form can be obtained from the employer, insurance carrier, or Office of Workers' Compensation.

If you are injured on your job, or become ill because of conditions on your job, the D.C. Workers' Compensation Act of 1979 (as amended) entitles you to full medical care for your work-related injury or illness and provides replacement for lost wages.

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District of Columbia Compensation Program for Officers and Certain Key Management Personnel with attachments