New Jea Board Set To Deal With Tricky Bonus Issue

Faced with a new board of directors appointed by a critical mayor and public skepticism over an employee bonus program offering some top executives substantial five-figure paydays, JEA’s chief executive officer is offering to dial back the payouts this year under a revised formula. The potential decreases would include the utility’s top executives, who were originally eligible to take home more than $50,000 in bonus payments, as well as JEA’s managers and rank-and-file employees. read more