HomeMy WebLinkAbout20221223_Veolia to Staff Attachment - Response to No. 67.pdfVEO-W-22-02 IPUC DR 67 Page 1 of 1
VEOLIA WATER IDAHO, INC. CASE VEO-W-22-02 THIRD PRODUCTION REQUEST OF THE COMMISSION STAFF
Preparer/Sponsoring Witness: Cary
REQUEST NO. 67:
With reference to the Wage Adjustments on pages 6 and 7 of Company witness Cary's Direct
Testimony, please provide the basis for the 4% pay change over 2022. Please include any and all studies
used to justify the 4% wage adjustment.
RESPONSE NO. 67:
Veolia engaged Gallagher Consulting to perform a comprehensive compensation study which
was provided in response to Request No 23. The Gallagher analysis and benchmarking survey concluded
that 2022 wages increased an average of 4% nationwide, please see Attachment 1 for a supplemental
compensation study slide provided by Gallager. In order for Veolia’s wages to “meet” the market, the
overall wage adjustment should be at least 4% based on the compensation strategy employed.
Additionally, the Company’s 2023 budgeted wage adjustment is 4% consistent with the analysis.
The Gallagher study provided in response to Request No 23 demonstrated that the overall average
Veolia base wage compared to 50% of market, is 9.21% below that benchmark, and total compensation
compared to 50% of market is 4.44% below that benchmark.
VEO-W-22-02
IPUC DR 67 Attachment 1 Page 1 of 1