Message-ID: <9444102.1075851911324.JavaMail.evans@thyme> Date: Mon, 19 Nov 2001 03:13:00 -0800 (PST) From: enron.announcements@enron.com To: enron.all@enron.com Subject: ETS Year-end Performance Evaluation Process Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: quoted-printable X-From: Enron Announcements X-To: Enron Transportation Services Everyone - All X-cc: X-bcc: X-Folder: \Larry_Campbell_Nov2001_1\Notes Folders\Notes inbox X-Origin: CAMPBELL-L X-FileName: lcampbe.nsf The year-end performance evaluation process is a great opportunity for=20 employees and their supervisors to review accomplishments for the year and= =20 identify opportunities for personal growth. Additionally, it is an=20 opportunity for each of us to provide meaningful performance feedback to he= lp=20 others. This memo is intended to summarize the major elements of this=20 important process and clarify the timeline for year-end 2001. (Note: ETS employees on self-directed work teams that participate in the=20 Skill-based Pay program will complete team and peer performance reviews as= =20 they have in the past and are exempted from the discussion that follows.) Feedback and Evaluation Employees will solicit 360=15 feedback on their performance via the PEP sys= tem.=20 The supervisor will use this feedback, along with other performance data=20 about the employee, to prepare a written evaluation of the employee=01,s=20 performance for the year. The employee and supervisor will then meet and= =20 discuss this evaluation which provides an objective measure of the employee= =01,s=20 performance against expectations. The performance evaluation is an=20 opportunity to discuss accomplishments, areas for improvement and goals for= =20 the next year. No overall performance rating will be designated. ? PEP System open for feedback November 19 - December 7 ? Performance discussions with supervisor December 10 - January 14 ? Written evaluations due to HR January 15 Training for all employees on how to use the PEP system will be available v= ia=20 online tutorials. Compensation Increases in an employee=01,s base pay for merit, promotion or equity can b= e=20 recommended by an individual supervisor based on the employee=01,s performa= nce,=20 current responsibilities and salary. Division Head approval is required. As always, incentive awards are paid at the discretion of the Enron Board= =20 Compensation Committee and the Enron Office of the Chairman based on compan= y=20 and business unit performance. Once bonus pools are approved, individual=20 bonuses will be determined by division and department heads based on employ= ee=20 performance. Relative Talent Reviews Relative talent reviews will occur beginning January 16, 2002 and will=20 include discussions of Managers and above. The focus is not on relative=20 ranking but on identifying employees who best demonstrate the performance,= =20 skills and behaviors that are valued at Enron. Each Division will identify= =20 its top 10% and discuss the utilization of its top talent. Employees who m= ay=20 be ready to assume greater responsibilities will be discussed. =20 Recommendations for promotions will be considered up through Senior Directo= r.=20 EGS executive management will review Vice Presidents and Managing Director= s=20 and identify the top 10% in this officer group. Nomination for promotions = to=20 Vice President and Managing Director levels will be made to the Enron=20 Management Committee, which will make final decisions on these promotions. If you have any questions about any aspect of this year-end process, I=20 encourage you to contact your HR representative. Gary