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2.5 ERMUSR 11-15-2016 Elk River Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: Elk River Municipal Utilities Commission Theresa Slominski—Finance & Office Manager John Dietz—Chair Al Nadeau—Vice Chair Daryl Thompson—Trustee MEETING DATE: AGENDA ITEM NUMBER: November 15, 2016 2.5 SUBJECT: 2016 Third Quarter Performance Metrics and Incentive Compensation Update BACKGROUND: Following adoption of the Commission adopted Performance Metrics program in December 2012, we will be tracking the progress for 2016, to be awarded in 2017. 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 2016 year, and completion of the audit, the final score card will be evaluated and presented to the Commission for awarding the related bonus in 2017. We will be tracking the progress of the company and the related score card quarterly throughout 2016. The third quarter scorecard is attached, with some notes for the third quarter results. ACTION REQUESTED: None, this is for information only. ATTACHMENTS: • Performance Metrics and Incentive Compensation Policy Score Card - 2016 POWERED BY Page 1 of 1 NATURE Reliable Public� Power Provider POWERED To SEE v 51 a 0 0 a CU CU L N al U_ 0 O a CD 7) aD u o ` a - > U cuv o — v a ca v aa) o r E O to 0 .-1 a v i_ M oo rn a o N io ra N M 0 W l0 N V 41 U a) C O O O i a) 0 N (n V u a) E a, v "O al w cc N .. Q O N aM O rj 1,1 ▪ N Cri CTE 0 4J N a) N UJ dl N N (Vy En En VU VU an o0 VU tla 0 ul ▪ o C C C C C C C Z U O 0 0 0 0 0 0 0 a `y no CU _ A a a CO = U! C\ a g LC 2 a (.O C) o d N 1 Q CO c 3 VC C 2 QJA v E c (f1 0 ° o Oa E c G uo e L(1 Lna lf1 Qc O0 O CO ^ Ol (a OlITS U G 5 ,rsi Q1 v A V ^i Al Al ^I o N v O >•• V H U_ O 0./ a L C a)un In Ln 0 0 0 O 0 0 r1 ci 3-1 c-I N .ti .--I O ra V) C CI) a 0- a E c a O E m L) 00 0 •.c 0 ac iii 'cii r _ > > r >> c a :47, to . C c ? S C >). ro = C O u QJ 0 @ (o H. o m v Q U yv v a Z ? tri C c E > CO CO c a) o C7 u N - O O :U 2 jN al -O a o w n r a rcu E a c ai > 141 u vl cn u w a (a 2 U UN Lni O O 0 Ofl i NU c0. .-I O 0" C3 V > CU -0 C C — o W 'Y v c is v L ic.ti ' .i al O> CU c.D u ai dJ E VU ai a) " a Q 0 > L aJ K 5 In aJ E O @ -o m > U > E w v c > C4 k.,— u a = oa v (v o L v c c c W d v u Q