ITEM NO:         7a_attach
DATE OF MEETING:  June 4, 2013


Total Rewards Philosophy
The Port's Total Rewards   Overarching Principles
Total Rewards is everything of value that you and       Mission, Values and Strategy. Total Rewards
your family receive and have available to you as a        must reect and support the port's mission,
result of your contribution to the port's mission.          values and long-term business strategy, nurture
our unique culture, and grow our business.
The Total Rewards Philosophy provides a framework
to guide decision making about our various reward     Employees. Total Rewards must support
programs.                              employees performing their best, as well as their
growth and well-being.
Total Rewards                    Sustainability. Total Rewards must be managed
in a scally responsible way that is sustainable
A Bright and Sustainable Future for the Port and You
over time, and Total Rewards decisions
must recognize the nancial impact on our
organization, customers and community.
Inclusiveness. Total Rewards must be applied
fairly and consistently among all employees to
y
g
e
t
a                                        support one organization working to accomplish
r
t                                    M
S                    i
Recognition    Benets     s
s                          s               overall port goals.
s                          i
e                           o
n                         n
i
Bu s
Total
Rewards
Port
Experience             Pay

Learning and
Development
V        e
r
a
l
u
u
e
s  and C u l t

Core Principles Guiding Total Rewards
Pay                        Employees should have written development
plans that are reviewed at least annually
The cash you receive in exchange for the work you
Leaders should model their support for
perform.
learning and development through their own
Pay should be at market average               development activities
Pay increases should be market competitive
Similar pay for similar work is important          Recognition
An acknowledgment of employee contributions,
Benets                      commitment and efforts toward port endeavors
and achievements. Recognition may be individual
The plans and programs that enhance your well-      or team-based, formal or informal, tangible or
being.                                 intangible.
The total benets package should be slightly       Employee and team accomplishments should
better than market average                    be regularly recognized
Benets offerings should provide choices to       Recognition should be meaningful to those
meet diverse employee needs at different life         being recognized
stages
Employee tenure should be recognized
Employees should take an active role in
Retiree contributions to the port should be
understanding and utilizing their benets
acknowledged
responsibly
The benet package should provide at least a
minimum level of nancial security in the event     Port Experience
of disability
Programs and activities that recognize port
Employees should share in the cost of their       employees' passion, creativity and motivation; are
health care                            reective of the port's mission and values, and
create pride in working for an organization that
Learning and Development           honors individuality and diversity of employees and
the surrounding community.
Opportunities to expand your experience,
The port values the varied perspectives and
knowledge, skills and adaptability in a constantly
ideas that come from a diverse workforce
changing work environment. Such opportunities
may be formal or informal, required or voluntary,        The port offers programs and activities that
port/profession-specic, or more broadly based.        promote health, safety, and preparedness on
and off the job
Employees should have access to a range of
learning and development activities to increase      The port recognizes our unique position as an
their capability to serve the port's needs            entrepreneurial enterprise within a public sector
environment
Employees and the port share responsibility for
employee development                   The port recognizes that work-life balance is
important for employees and the organization
Employees should receive regular performance
feedback                          Working at the port provides opportunities for
both public and community service