Tariff Management Analyst null

About Meralco

Meralco is the largest private sector electric distribution utility company in the Philippines covering 36 cities and 75 municipalities. Its franchise area of over 9,685 km2 is just 3% of the total land area of the Philippines but accounts for 55% of the country’s electricity output. Meralco celebrates 119 years of service in 2022, committed to providing reliable and affordable energy.

Your Role 

• Gathers all the necessary data and information for the Regulatory Reset filling and Annual Verification and Rate Translation filling
• Maintains database of historical core DU core businesses revenue, over-/under recoveries in core business rates, and performance metrics for analysis
• Conducts comparison studies on Regulatory Asset Base valuation, Building Block, Performance Incentive Scheme, and Maximum Average Price comparison studies of private distribution utilities and NGCP
• Consolidates company positions and comments on draft rules/regulations on core business
• Provides computational support based on the formulas set by the regulator
• Maintains database of historical information for analysis and benchmarking with international transmission and distribution utilities
• Conducts research and analysis on topics related to other regulated power utilities such as, but not limited to, local and international power utilities and other utility regulations (water, tollways, telecommunications)
• Monitors ERC Resolutions, Orders, and Decisions on cases related to transmission utility, other private distribution utilities, and electric cooperatives

Training, Development, and Rotations

Meralco considers employees as invaluable partners in the attainment of our strategic objectives. Policies and programs aimed to improve people management and human capital development are continuously implemented in order to raise the overall productivity, sustain a high level of engagement and shape a customer service-oriented workforce.

In line with this, they provide employees with opportunities for learning and development, fair and competitive remuneration, and programs to promote health and safety in a conscious effort to build a culture of excellence, knowledge sharing, personnel integrity, and development.

Compensation and Benefits

Meralco implements short-term and long-term incentive programs to attract, retain, and motivate its employees. They compensate employees based on Company, team, and individual performance to help achieve corporate goals and targets. The Company provides assessments that account for performance beyond short-term financial measures.

The Company’s performance management process assesses employee performance on the basis of:

• actual vs. desired results; and 
• how results were delivered in light of corporate core values.

Therefore, the achievement of financial and non-financial measures is reflected in performance planning and assessment which drives the Company’s merit and incentive pay programs.

On top of legislated benefits, Meralco implements several benefits policies for its qualified employee such as educational loans, housing equity assistance loan, and cash assistance for death or disasters, among others.

Career Progression

Meralco fosters the advancement of its people. It is therefore the policy of the Company to recognize and reward employees who contribute to the achievement of organizational goals while continuously enhancing their competencies and performance on the job.

Accordingly, in addition to merit increases granted to employees with good performance ratings, an employee may also be considered for in-job progression by his/her supervisor given a consistent demonstration of higher-level competencies. An employee who qualifies for in-job progression will be granted an appropriate pay adjustment as determined by Human Resources and approved by the functional head.

Work-life Balance

Meralco promotes work-life balance through a wide array of employee engagement activities. To determine people engagement levels, THE PULSE: Employee Engagement Survey was conducted in 2017 and was participated in by 99% of employees. The survey showed a 91% total engagement score, the highest so far.

They also released the Online Ethical Climate Survey to its employees in September 2020. The project aims to assess the effectiveness of ethics-related objectives, programs, and activities of the Company, and support the Board of Directors and Management in the formulation and implementation of its future Corporate Governance programs and initiatives.

The program Orange Fit remained to be a highly motivating program for employees’ total wellness in body, mind, and spirit. Teamwork, communication, employee engagement, and productivity were strengthened through activities on values cascade, management dialogues, and collaboration tools such as Workplace by Facebook.

Company Culture

The Company adheres to the principles of fairness, accountability, integrity, transparency, and honesty as its core values of sound corporate governance.

About You

• Graduate of Business Management, Economics, Engineering, Finance, or similar course
• Fresh graduates are welcome to apply
• Must pass the Meralco Analyst Assessment

How to Apply

Meralco uses an online hiring portal, eRecruit, which is a fully web-enabled system powered by SAP with the following features and benefits to job applicants:

• Keeps resuming readily available when the search process is initiated by the recruiter.
• Tracks and notifies applicants of the status of their applications.
• Allows job applicants mobility; they can apply anytime, anywhere using their mobile device.

Once hired, the employee attends an orientation by Learning & Development (L&D) to understand Meralco’s history, mission, values, and business practices and undergoes a customized immersion program through Orange Plug-in.

Source:company.meralco.com.ph