At BGE, our employees are our most treasured asset. That’s why we invest almost $1 billion annually in Total Rewards. Total Rewards goes beyond a paycheck - it is our way to recognize employees through a combination of pay, benefits, learning and development and a great work environment. Together, these elements help make BGEa great place to work. By integrating our Total Rewards offering, we deliver to employees a work experience that rewards their contributions, supports their work and life needs and provides the opportunity to learn and to grow.
Our total compensation philosophy is to pay employees competitively and vary rewards based on individual and company performance. Employees are financially rewarded for their work through base pay and variable pay. Base pay and salary increases ensure that our compensation is competitive, while variable pay provides incentives and bonuses that vary from year to year to provide rewards that are consistent with performance.
Benefits and Time Off
We offer competitive benefits to our employees on a partnership basis including health care choices, a retirement plan, insurance coverage choices, and flexible spending accounts. Our program is comprehensive, giving our employees and their families peace of mind that their needs can be met for their health, emotional and financial well being. Employees receive company paid vacation time, holidays and sick time. And, because we realize that time away from work is important, employees begin accumulating vacation time during their first month at work.
Learning and Development
Professional advancement is important to everyone at BGE. Employees who continuously update their skills are more satisfied with their work and contribute more to our collective success. As a BGE employee, the opportunities for learning and development include:
- Training for professional development and skill enhancement
- External seminars and accreditation programs
- Tuition reimbursement for coursework or a degree
Work Environment and Balance
A positive work environment, opportunities to give back to the communities where we live and work and the ability to balance work and life demands are important to all of us. We offer programs to help our employees maintain this balance in their lives, including:
- Time off related to family or medical leave
- Child care referral network
- Employee assistance program
- Safety and medical services
- Support of volunteerism in our communities
We’re equally proud of the success of our programs that promote minorities and women, and we continually reaffirm our commitment to equal employment opportunities. Our pledge is to continue developing a workforce that meets the needs of its increasingly diverse customer base and also reflects the communities in which we live and do business.