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5.07 EMRUSR 11-12-2024�i Elk River --�- Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: ERMU Commission Mark Hanson - General Manager MEETING DATE: AGENDA ITEM NUMBER: November 12, 2024 5.07 SUBJECT: Wage & Benefits Committee Proposed 2025 Adjustments ACTION REQUESTED: Approve the 2025 Wage and Benefits Adjustments, effective January 1, 2025. • Set a 2025 wage adjustment • Set the 2025 UPMIC scorecard criteria and goals • Rescind the Purchased Vacation Time policy BACKGROUND: Wage & Benefits Committee (WBC) meetings were held on September 23 and October 8, 2024, to review possible wage and benefits adjustments for 2025. The September 23 agenda included four items for discussion: 1. Annual Staff Presentation 2. Annual Wage Adjustment Process 3. Utilities Performance Metric Incentive Compensation (UPMIC) Policy 4. Review of Purchased Vacation (PVT) Time Policy Staff representatives opened their September 23 remarks by expressing their appreciation for the review and approval of the company -wide compensation study. They went on to make only one request for 2025: an annual wage adjustment for all employees equal to the average lineworker adjustment within the seven "metro average" utilities (Anoka, Chaska, Great River Energy, North St. Paul, Shakopee, Wright Hennepin Electric, and Connexus). At the October 8 meeting, General Manager Mark Hanson presented a revised organizational chart reflecting the addition of a water operator position and the conversion of an existing water operator to a lead water operator. DISCUSSION: 2025 Wage Adjustment (motion/direction required): At the October 8 meeting, the average adjustment for the seven metro average utilities was computed as 3.85% with a "best guess" adjustment used for one of the seven utilities. The Committee supported bringing forward the 3.85% adjustment for commission consideration. Since the October 8 meeting, the adjustment for the last utility has been vetted and confirmed. The average adjustment for the seven metro utilities is now at 4.54%. As in years past, the metro average is presented as a data point for use Page 1 of 2 120 by the Commission in setting the annual wage adjustment. The Commission retains the flexibility to set the annual wage adjustment at any amount it deems appropriate. Annual Wage Adjustment Process (information only): The Committee discussed the need for ERMU to adopt a consistent, market -based practice for computing the annual wage adjustment. Such a practice would keep our wages slightly above the market midpoint as was desired by the Commission when discussing the recently approved compensation study. The Committee discussed applying the lineworker metro average adjustment to all employees since it was a local area average that was specific to the utility industry. It was discussed that some years the metro average would lag other market indicators such as the Consumer Price Index or the cost of inflation, while other years it would be higher. Overall, history has demonstrated that the metro average and the market indices tend to balance out over time. The Committee was split, some members felt the applicability of the metro average made it the ideal choice for a consistent practice while others felt locking into a consistent practice was too limiting. The consensus was the metro average was a reasonable starting point, but definitive use should not be assumed as extenuating circumstances may require adjustments. UPMIC Policy and Scorecard Updates (motion/direction required): Over the course of the two WBC meetings, several updates to the UPMIC were discussed to ensure the UPMIC measures are reasonable and achievable. The proposed scorecard (attached) includes the recommended adjustments. These updates include: • Implementation of a two-tier system, with standard goals awarded at 2% and stretch goals awarded at 3% • Introduction of more challenging goals for two electric criteria (SAIDI and SAIFI) and the inventory accuracy criteria • Addition of a Strategic Planning (Dashboard Progress) criteria • Addition of a Conservation Improvement Program (CIP) criteria • Removal of the Financial Reserves criteria Review of Purchased Vacation (PVT) Time Policy (motion/direction needed): The Committee discussed rescinding the PVT Policy. The PVT policy and its record -keeping can be confusing and recent changes in the accrual of vacation hours have offset the need for it. The Committee determined the policy should be rescinded. Revised organizational chart (information only): The Committee reviewed a revised organizational chart reflecting an additional water operator position and the conversion of an existing water operator position to a lead water operator. The changes are needed in anticipation of drilling two new water wells in 2025 that would be followed by up to two new water treatment plants. The Committee supported the recommended updates to the organizational chart. ATTACHMENTS: • 2025 Proposed UPMIC Scorecard • 2024 ERMU Organizational Chart Page 2 of 2 121