Nearly 11,000 current and former employees of the Tennessee Valley Authority (TVA) have received a total of $260 million in year-end payouts, also referred to as at-risk pay, from the federally owned electric utility corporation.
According to a report released on Wednesday, the federally owned electric utility corporation made the payouts after TVA employees met the entity's yearly performance goals set by its board of directors.
As a result of the at-risk pay allocation, the median employee received $8,288, with the median payout for all employees at $10,010.
Per the report, this year, TVA paid a reduced amount in payouts compared to 2024, when it broke company records with a $276 million payout. During the period, the median employee at TVA received $10,332.
Additionally, a median annual total compensation for workers of $170,254 for the fiscal year ending September 30 rose from last year's total of $163,779.
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