Citing delivery improvements and a year-end profit of more than $1.5 billion, the U.S. Postal Service said Wednesday it will award bonuses to some 63,000 workers.
The payments will be made Dec. 20 to executives, postmasters, supervisors and administrative employees, the agency said.
“We have transformed our compensation system and put it on a level where performance and accountability are prime movers,” Postmaster General Marvin Runyon said.
The agency reported record on-time delivery this year and said it completed the 1996 fiscal year some $1.5 billion in the black.
The bonuses will average $12,500 for executives to $3,900 for large facility supervisors and postmasters and $1,600 for administrative workers and supervisors. The total: $169 million. Similar bonuses were announced a year ago when the agency posted a $1.77 billion profit. The total then was $164.4 million.
Runyon is not eligible for a bonus because of the limit on pay for government employees.