Loading...
2.6 ERMUSR 12-08-2020UTILITIES COMMISSION MEETING TO: FROM: ERMU Commission Michelle Canterbury Executive Administrative Manager MEETING DATE: AGENDA ITEM NUMBER: December 8, 2020 2.6 SUBJECT: 2021 Performance Metrics and Incentive Compensation Policy Scorecard ACTION REQUESTED: Approve the 2021Performance Metrics and Incentive Compensation Policy Score Card. BACKGROUND: The Commission adopted the Performance Metrics and Incentive Compensation Policy in December 2012 along with revisions in 2016 and 2019. This is a company performance-based program designed to incentivize employee commitment Per policy, the metrics for measurement of the designated year need to be determined before the start of the designated year. This allows for changes to be made and communicated timely before performance measurement begins. DISCUSSION: At the November 10, 2020 commission meeting, the commission discussed potential adjustments to the 2021 Utilities Performance Metrics and Incentive Compensation(UPMIC) Score Card; mainly the Employee Turnover component. Following discussion, the commission had consensus to make no changes to the UPMIC Score Card for 2021 measurement period. Attached is the 2021 UPMIC Score Card for commission approval. ATTACHMENTS: ERMU Policy G.4g1a Performance Metrics and Incentive Compensation Policy Score Card 2021 ______________________________________________________________________________ Page 1 of 1 40 Awarded Multiplier Percentage 202 - Score 41 95% 95% +15 <5% 7.5% Goal < 0.5 Meet <12% Target >> Budget < <90 Min> samples > <120 Min 0 positive Total Multiplier: Requirements 90th percentile 5555555555 10102010 Sub-Percent Sub-Category Water Quality StandardsLead and Copper qualityBacteria DetectionCAIDISAIDISAIFILine LossWater LossClean Energy Choice Program ParticipationEmployee TurnoverParticipation in Recommended and Mandatory TrainingsMargins/Net ProfitReservesInventory Accuracy Utilities 402535 Percent River Municipal Category Workforce Development and Quality of Utility Services Financial Goals Safety, Reliability Elk G.4g1a - Performance Metrics and Incentive Compensation Policy Score Card Adopted December 12, 2012Revised October 11, 2016Revised December 17, 2019