Hydro One Limited · TSX:H
Hydro One — Investor Presentation (May 2011)
10 slides from Hydro One's investor presentation, May 30, 2011
Slide 1: Stakeholder Consultation Workshop on Compensation Cost Benchmarking Study
Stakeholder Consultation Workshop on Compensation Cost Benchmarking Study May 30, 2011
Slide 2: Facilitator’s Remarks – Bob Betts
Facilitator’s Remarks – Bob Betts Introductions Facilitator, Bob Betts & OPTIMUS | SBR support team Meeting Facilities Safety Review Note taking process Participant Introductions © 2011 All rights reserved PRIVILEGED AND CONFIDENTIAL
Slide 3: Agenda
Agenda 9:30 AM – Welcome Allan Cowan, Director, Major Applications, Hydro One Networks 9:40 AM – Introductions, Background on Compensation Cost Benchmarking Study and Key Points of Agreement from February 10th Stakeholder Session Bob Betts, Facilitator, Optimus |SBR 10:00 AM – Approach to
Slide 4: Agenda Cont’d
Agenda Cont’d 11:00 AM – Approach to Compensation Cost Benchmarking Study & Facilitated Discussion Iain Morris Bob Betts 11:45 AM – Next Steps and Closing Remarks Bob Betts/ Allan Cowan 12:00 PM – Adjourn © 2011 All rights reserved PRIVILEGED AND CONFIDENTIAL
Slide 5: Meeting Process
Meeting Process Mobile phones “Off” or “Silenced” Avoid side discussions while others speaking All questions are good ones Materials and notes will be posted on Hydro One’s Regulatory Website: www.HydroOne.com/RegulatoryAffairs © 2011 All rights reserved 5 PRIVILEGED AND CONFIDENTIAL
Slide 6: Compensation Cost Study Background
Compensation Cost Study Background Board Direction to do a study in 2007/2008 TX Mercer Study filed in 2009/2010 TX Board Directed update in 2011/2012 TX The Board directs Hydro One to revisit its compensation cost benchmarking study in an effort to more appropriately compare compensation co
Slide 7: Feb. 10, 2011 Consultation - Key Points of Agreement (1)
Feb. 10, 2011 Consultation- Key Points of Agreement (1) a) Principle objective - to revisit the Mercer Study to appropriately compare HONI compensation costs to those of regulated Transmission and Distribution utilities in North America. b) Keep it simple to entice survey participants c) Be independ
Slide 8: Feb. 10, 2011 Consultation - Key Points of Agreement (2)
Feb. 10, 2011 Consultation- Key Points of Agreement (2) e) Be based on the groups surveyed in the Mercer study and expanded as deemed appropriate by the consultant f) Mirror the scoping in the Mercer study for peer selection, job classes, etc, changed as deemed appropriate by the consultant g) Enabl
Slide 9: Feb. 10, 2011 Consultation - Key Points of Agreement (3)
Feb. 10, 2011 Consultation- Key Points of Agreement (3) i) Consider adjustments to reflect regional costs of living amongst the study participants j) No attribution of data to particular participant k) Request data about pension as a percentage of total benefits, and benefits as a percentage of comp
Slide 10: The May 30, 2011 Consultation Task
The May 30, 2011 Consultation Task To provide further input on the proposed approach the consultant will undertake in the study. © 2011 All rights reserved 10 PRIVILEGED AND CONFIDENTIAL