Percentage

	F2007	F2008	F2009 Plan
Vacancy Rate
Actual	9.0	8.7	N/A
Target	NR	10.2%	9.9%
Number of Employees	4,546	5,185	5,480

Vacancy Rate is a percentage of the number of vacancies in the process of being filled (replacement or additional positions actively being recruited for internally and externally) to the sum of BC Hydro's headcount plus the number vacancies in progress. The year-end result is calculated by averaging the month end rates at the end of each quarter.

Vacancy Rate is an indicator of an organization's people management such as its reputation as an employer, employee morale and turnover, competitiveness, and the effectiveness of recruitment processes. The vacancy rate provides a high level metric that is subject to considerable variation based on factors such as organizational growth, internal personnel movement, employee demographics and external market conditions. As such, it must be interpreted within the context of the timeframe that it is being measured.

The number of employees represents all active regular and temporary staff where full-time = 1 and part-time = .5. The organization's growth over the past several years can be attributed to maintaining and expanding capital infrastructure as well as undertaking new initiatives.