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)
Tennessee Compensation Program for Officers and Certain Key Management Personnel with attachments
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As of , the average hourly pay for a Hourly in Tennessee is $17.66 an hour. While ZipRecruiter is seeing salaries as high as $23.78 and as low as $12.99, the majority of Hourly salaries currently range between $16.06 (25th percentile) to $19.38 (75th percentile) in Tennessee.
The State of Tennessee Employee Discount Program exists to offer state employees discounts on products and services from various vendors in order to express appreciation for the valued service state employees provide Tennessee citizens.
The Employee Suggestion Award Program (ESAP) provides a way for state employees to submit ideas and suggestions to improve state government operations or services and reduce costs.
The ?pay period? for state employees shall be semimonthly. On or about the last day of every such ?pay period,? all state employees shall be paid for the preceding semimonthly period or any part thereof for which compensation is due.
Earlier this year, in January 2023, state employees received one-time bonuses ranging from 1.5% to 3.75% based on their performance ratings. For more information about Pay for Performance or how to calculate your base salary increase and/or one-time cash bonus, please refer to the FAQs, or visit teamtn.gov/hr.
Classification and compensation plans group positions on the basis of a uniform criteria (i.e. job duties and knowledge requirements). It then allocates positions to salary grades that reflect their relative worth to the organization.
How much does State of Tennessee pay? The average State of Tennessee salary ranges from approximately $36,143 per year for a Clerk to $133,603 per year for a Director. The average State of Tennessee hourly pay ranges from approximately $17 per hour for a Clerk to $62 per hour for an Executive Director.
The average State of Tennessee salary ranges from approximately $33,161 per year for Senior Clerk to $103,243 per year for Risk Manager. The average State of Tennessee monthly salary ranges from approximately $2,551 per month for Production Technician to $10,636 per month for Employee Relations Manager.