JEA pulls out of employee incentive program

JEA has pulled out of its Long Term Performance Unit Plan, which would have allowed employees to defer compensation and invest in JEA.

Akin to an employee voluntary benefit program, the program would’ve allowed employees to be invested in the company and incentivized by its privatization.

In a letter from General Counsel Jason Gabriel to JEA CEO Aaron Zahn, he described the primary purpose as “to incentivize employees to drive and increase JEA’s customer, community and environmental value.”

“The…

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