In 2013, PHI employed about 5,025 people in Delaware, the District of Columbia, Maryland, New
Jersey and Virginia. We rely on the talent and expertise of these hard-working
team members to deliver electricity and gas to about 2 million customers as
well as energy-efficiency services throughout the Eastern seaboard and beyond.
We have grown our workforce at PHI's utilities due, in large part, to our
significant investment in modernizing our energy infrastructure, putting 1,254
people to work over the last three years. Of those, 796 were utility jobs. The net growth in new utility
jobs from 2010 through 2013 was 58. In addition, due to our 2013 reliability work, we
employed an average of
150 contractor field personnel in the Atlantic City Electric region, 200
personnel in the Delmarva Power region and 700 personnel in the Pepco region.
Our employees are our
most important asset. Our compensation practices are competitive for the
utility industry and designed to attract and retain talent. The company's
philosophy is to reward employees based on the median of the competitive market
for all elements of compensation. PHI compares its compensation practices against
annual compensation survey data that is compiled and published by major
consulting firms and professional associations. In addition, PHI has
independent evaluations of compensation practices conducted, as appropriate, by
such firms to obtain specified compensation recommendations.