January 12, 2021 – K. Graney and A. Bond on 2020 Incentive Program

You are currently viewing January 12, 2021 – K. Graney and A. Bond on 2020 Incentive Program

PODCAST

Hi everyone. It’s Tuesday, January 12. Today I’d like to provide you with an update on our Incentive Program. Joining me is Andrew Bond (AB), our Vice President of Human Resources.

Andrew thanks for joining me on the podcast. To start, and I know our folks have been asking, let’s talk about the status of our Incentive Program for 2020.

AB: Thank you for having me join the podcast. To summarize:

  • Our incentive program for the second half of 2020 had the following major components:
    • Safety
      • MDA, MTC, Carpenters, IBEW, Quonset Point hourly employees and non-represented hourly employees were all eligible for a safety bonus as well as a population of salaried supervisors. The safety goals were achieved.
    • Meeting Organizational Goals
      • Each Vice President identified several critical milestones or objectives that their organizations had to meet by the end of the year. To meet the incentive in this area, each group had to achieve two of the three of their stated goals. All key milestones were met.
    • Hours Worked
      • As in the past, total hours worked determined eligibility.

To start with our #1 priority, safety, congratulations to the organization for recording our best-ever-year on safety in 2020.  Kevin, as you stated in your podcast last week, our goal is zero injuries, and last year we made great progress toward that goal. Further, the organizational goals established by each VP were met with each organization achieving two of three or three of three goals.

Regarding the incentive award, the maximum amount an employee will receive is $750, depending on the organization he or she works in and the number of hours he or she worked. The award will come as a “live” check, as we’ve done in the past, and the checks are scheduled to go out the week of January 25.

KG: Thanks for the summary Andrew. It’s important to point out that the goals reached for each organization, the 2/3 that you talked about—some more than that—was met in a year that was unlike any we’ve experienced. We should really be proud of this performance, I know I am, including the best-ever safety performance our Operations teams demonstrated. 

We have identified over-arching 2021 goals to support our increases in Virginia and Columbia-class construction. But before we share those goals, which we’ll do in the coming weeks—we’ve actually already rolled them out to the directors and will be passing those along to everybody—we need to close out our individual 2020 performance goals and make sure that people are doing their annual evaluations. Andrew, let’s talk about that—please remind our listeners about what that means for them.

AB:

Salaried employees can now complete their 2020 self-reviews—the deadline for completion is Friday, January 22. From there, supervisors will then complete their reviews by February 17, and employees will complete the process by the individuals’ acknowledging their supervisor’s review by February 26.

KG:

It’s important to reflect on what these annual evaluations are about. It’s important for each individual contributor within our organization to get meaningful feedback from their supervisors. As far as the leadership team is concerned, it’s even more important that we’re providing a no-holds-barred honest assessment of the performance of our folks. I’m encouraged by the work we did last year to streamline the process and make it more effective. We should be demanding from our leaders across the organization that honest and candid feedback on our performance. I need you to participate in that and make sure that you’re listening for that feedback and looking for those opportunities where you can improve your performance.

So thanks Andrew for that summary.  In the coming weeks, the leadership team will be sharing our organization’s goals and objectives for 2021. We’re starting from a position of strength since we completed those goals in 2020 so we could hit the bricks running here in 2021. Our alignment and consistent effort across the enterprise is what will help drive improvement. As 2020 taught us, there is no way to predict what 2021 will bring. What we do know, and our 2020 results prove it, is that open communication, teamwork, mutual support and treating each other with a customer-service mindset are critical to our success.

Thanks for listening; we’ll talk again soon.

Kevin

Remembering September 11

On September 11, 2001, the Twin Towers of downtown Manhattan’s World Trade Center and the Pentagon in Washington, D.C., were targeted in a series of coordinated attacks that would leave an everlasting imprint on our country’s psyche. As the events unfolded on that Tuesday morning, nearly 3,000 people lost their lives, over 600 were injured...Continue reading→

Atlas Plaque Unveiled, Honoring Plank Owners at South Yard Ceremony

Employees who have worked on Atlas, EB’s new state-of-the-art floating dry dock, gathered in the South Yard on Wednesday, Aug. 26, to unveil a new bronze plaque recognizing the contributions of its plank owners. The event celebrated the teams who helped bring Atlas from Bollinger Shipyards in Louisiana to its arrival in Groton earlier this year. Atlas will play...Continue reading→

Rayha Report Ep. 26: Waterford Campus Groundbreaking

EB President Mark Rayha reports from the groundbreaking of the new Waterford Campus, where innovation, engineering and workforce development will come together to support our mission. The new facility will help train hundreds of shipbuilders daily as EB continues to grow for future production demands.

Waterford Campus Groundbreaking Marks EB’s Next Step in Innovation and Workforce Growth

Electric Boat officially broke ground Friday on the Waterford Campus, launching the transformation of the former Crystal Mall into a center for innovation, engineering and high‑tech workforce development. EB President Mark Rayha underscored how the project will reshape the way the company designs, tests and builds submarines. Innovation is the key, he said. “There’s an opportunity to...Continue reading→

Powering HeartStrong 50: Thank You, EB Teams—Let’s Keep the Momentum Going!

​Thank you to our incredible EB Heart Walk teams, our community partners, and everyone who joined the American Heart Association (AHA) Torch Journey photoshoot. Your enthusiasm and dedication made this milestone truly special. Now let’s keep our HeartStrong 50 energy going—our goal is 50 teams and $50,000 raised for the 2026 AHA Eastern Connecticut Heart Walk on October 3 at UConn Avery...Continue reading→

Speed Cameras to be Installed in the City of Groton

The City of Groton Police Department announced that automated speed enforcement cameras will be installed at several locations throughout the city. The cameras will be installed after the required 30-day public notification period, which began on Aug. 7, 2026. Camera locations: Mitchell Street Thames Street Clarence B. Sharp Highway (Route 349) Police said the purpose...Continue reading→

MDA Apprenticeship Application Now Open

Application Window: August 1, 2026 – August 31, 2026 The MDA Apprenticeship Program is a four-year initiative designed to develop a highly skilled workforce for Electric Boat. This program provides three years of on‑the‑job training alongside qualified subject matter experts, combined with classroom instruction across various technical disciplines. Participants gain advanced skills, broaden their expertise, and...Continue reading→

Building 600 Tech Stop Relocation

On Monday, August 3, 2026, Facilities will be relocating the Tech Stop currently located in Building 600 4th Floor East to its new location in Building 130-01 Classroom 7. During this time, please utilize the alternate Tech Stop location: B708 (625 Long Hill Road) Hours: Monday – Friday: 7:00 am – 3:00 pm The tech stop will resume...Continue reading→