Changes to Profit Sharing
- Profit Sharing will be replaced by Performance Grants
- Final profit sharing payment to be made this summer
- DBA will still accrue this special account at same rate,
but it will be distributed based on performance
- As DBA profits grow, so will the Performance Funding
- Performance Grants will be current (not retirement) income
- Grants may be given by individual achievement
- Grants may be given by group (project) achievement
- The purpose of this change is to encourage and reward excellence