Loading...
2.4 ERMUSR 06-13-2023��i Elk River Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: ERMU Commission Megan Zachman — HR Generalist MEETING DATE: AGENDA ITEM NUMBER: June 13, 2023 2.4 SUBJECT: Compensation Report ACTION REQUESTED: Approve the 2023 compensation increase for General Manager. BACKGROUND: As part of ERMU's 5-Step pay plan, employees who have met the expectations of their position in the preceding year are eligible for a Step increase on their work -anniversary. DISCUSSION: Mark Hanson, General Manager, was hired on July 18, 2022, at a pay rate that was between Steps 3 and 4 of the position's pay range. After discussion with the Commission (following Mr. Hanson's performance review), it was recommended that Mr. Hanson receive a pay increase equal to one (1) full Step. In doing this, Mr. Hanson's salary will increase by $3.41 per hour. The following calculations detail how the Step increase was determined: • Difference between Step 3 and Step 4 = $3.40 • Difference between Step 4 and Step 5 = $3.42 • Average = $3.41 • The value of a full step = $3.41 • The hourly rate increases by $3.41 per hour. FINANCIAL IMPACT: Step pay increases are included in the normal budgeting process; there is no financial impact. Page 1 of 1 37