UNITIL CORP
For the period ended Dec 31, 2024. Filed Feb 10, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 10, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Employees
As of December 31, 2024, the Company and its subsidiaries had 544 employees. The Company considers its relationship with employees to be good and has not experienced any major labor disruptions.
The Company strives to be the employer of choice in the communities it serves—regardless of race, religion, color, gender, or sexual orientation. The Company works diligently to attract the best talent from a diverse range of sources to meet the current and future demands of the Company’s business.
To attract and retain a talented workforce, Unitil provides employee wages that are competitive and consistent with employee positions, skill levels, experience, knowledge and geographic location. All employees are eligible for health insurance, paid and unpaid leave, educational assistance, retirement plan and life and disability/accident coverage. Feedback from employees is collected annually in the Company’s employee opinion survey. This feedback helps create action plans to improve the engagement of employees consistent with the Company’s culture of continuous improvement.
As of December 31, 2024, a total of 172 employees of certain of the Company’s subsidiaries were represented by labor unions. The following table details by subsidiary the employees covered by a collective bargaining agreement (CBA) as of December 31, 2024:
| Employees Covered | CBA Expiration | |
|---|---|---|
| Fitchburg | 46 | 5/31/2027 |
| Northern Utilities NH Division | 36 | 06/07/2025 |
| Northern Utilities ME Division | 40 | 03/31/2026 |
| Granite State | 4 | 03/31/2026 |
| Unitil Energy | 41 | 5/31/2028 |
| Unitil Service | 5 | 5/31/2028 |
The CBAs provide discrete salary adjustments, established work practices and uniform benefit packages. The Company expects to negotiate new agreements prior to their expiration dates.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.