Employees with sustained Successful and Outstanding performance that have been in their band for 5 years or more, and whose salary is below 100 compa-ratio, will be eligible to receive an additional salary increase to help progress their salary to the band target.

Following the final merit approval by the President and Vice Presidents, HR will review the results of merit allocation and identify individuals eligible for the Targeted Progression Pool.

Managers will be notified of an opportunity to apply a Targeted Progression Pool increase to eligible employees that do not receive the maximum merit increase, as outlined in the merit matrix based on their rating and compa-ratio. Any payments from the Targeted Progression Pool will be subject to the appropriate leader’s approval. The Targeted Progression Pool increase, if approved, will increase the employees’ salary up to their maximum merit allowable, to a maximum of 100 compa-ratio. Departments are required to self-fund the payments.

This pool will allow for a maximum Targeted Progression Pool payments of $150,000.

The Targeted Progression Pool Application Chart outlines the levels of sustained performance and the maximum Targeted Progression Pool increase provided.