(Neb.)-NPPD Board Earmarks $4.21 Million For Raises Next Year
COLUMBUS, Neb. (AP) - The Nebraska Public Power District plans to spend $4.21 million on merit-based raises for its 2,200 employees next year.
The utility's board approved spending that much on merit raises at its Friday meeting even though NPPD expects to finish 2012 with a $4 million deficit.
The utility decided to go ahead with the raises to recognize how employees performed and because NPPD found that comparable utilities were offering raises of 2.9 percent next year on average.
Human resources manager Laurie Schilling says the raises will ensure that NPPD remains competitive with other utilities.
NPPD customers will see their rates increase 3.75 percent on average starting Jan. 1.
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