2.4. ERMUSR 08-12-2014 .../
Elk River
Municipal Utilities UTILITIES COMMISSION MEETING
TO: FROM:
Elk River Municipal Utilities Commission Theresa Slominski—Finance & Office
John Dietz—Chair Manager
Al Nadeau—Vice Chair
Daryl Thompson—Trustee
MEETING DATE: AGENDA ITEM NUMBER:
August 12, 2014 2.4
SUBJECT:
Performance Metrics Update
BACKGROUND:
Following adoption of the Commission adopted Performance Metrics program in December 2012,we
will be tracking the progress for 2014,to be awarded in 2015. This is a company performance based
program designed to incentivize employee commitment towards the company's success. Divided into
categories representing core values of the company and again into sub-categories that are quantifiable,
this program is designed to track goals that require companywide support of the employees to continually
achieve. When the employees work together as a team to achieve these goals,the company recognizes a
corresponding increase in value to our customers.
DISCUSSION:
At close of the fiscal 2014 year,and completion of the audit,the final score card would be evaluated and
presented to the Commission for awarding the related bonus in 2015. We will track the progress of the
company and the related score card quarterly throughout 2014. This will help to keep the Commission
and employees informed of our success/failure throughout the year and will also help with budgeting for
the 2015 year.
The scorecard is attached,projecting scores that have known components at this date,and with some
notes for the second quarter results. You will note there are some areas that are not on target currently,or
improvement is needed,to meet the goals of the metrics. As we are half way through the year there is
still room to hope for better results where we have no control, and make the improvements where we can
influence the outcome. Noting these items indicates that the metrics goals are probably not set too low
for an easy achievement,but offer some challenge to meet them.
ACTION REQUESTED:
None,this is for information only.
ATTACHMENTS:
• Performance Metrics and Incentive Compensation Policy Score Card-2014
PONEDED RD OE
y
1
t . I A 'U
l Page 1 of 1
Reliable Public
Power Provider P ()WERE!) T o S E R V E
44
a
in
-o
1]• N Ol
> > >'
o al
7
T a u
• LO N
to aro
3 of
2
> m
N m m u
>. m v
m
N 3 N 61
a y
e
of a) p
c of v 0
o E m
O 3
w -
C a
V �
E 3
ro u, u
O O N N O V o y
N O O E O 01 u N e-1
00 M o
N u L O
0 a O
U of .0 to
O c
N aJ
o E
N N
o
n
a a a a E a a a
N y LD Ea LO N m - LO LO L0
y 4
ro-.
Y co Y N CO CO
O
Z E o o o E o c o 0 0
w
d m m
.a a c
3 -
3
a 2 a
Cr LC)
'-I
o L
N
8 al
'0 in •0.
L WO
CO O
u c c
a a E 2 ul F o m m U
2
L O cu L/ p p V1 u1 a V1
p 00 n Ol 3 no Ol al
Mg V Ov1 v AI, VI AI Al Al Ai o
>. cc I-
C.)
a° C.
le
0
a �, u, 0 0 0 0 0 0
+—J 3
(o V)
VI
C
al
O.
E
a
o E 00
o no c E c
o c
a
> .1' 1- >
47, Y E c Z a 'u
C o - fn F `o ra a a
U m
,n c m E T a
....... ;
'Q 113, o o LL ° a E -. �° v aci
✓a m m >
vl �i U calf calf V W a fo C a)
D 0
u N 17 c O Q V O O V
.2g a r
c
v
W a a, E
M t• . u T W O u
cu E m r..' to O E V' al
0
> o d Via ; Ewv C
• w U v _ Y0 - > C >
L N C — C C O`
-V no co D 7 co O LL o.
uU om v, u a