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Elk River <br /> Municipal Utilities UTILITIES COMMISSION MEETING <br /> TO: FROM: <br /> Elk River Municipal Utilities Commission Theresa Slominski—Finance & Office <br /> John Dietz—Chair Manager <br /> Al Nadeau—Vice Chair <br /> Daryl Thompson—Trustee <br /> MEETING DATE: AGENDA ITEM NUMBER: <br /> May 14, 2013 5.3 <br /> SUBJECT: <br /> Performance Metrics Update <br /> BACKGROUND: <br /> The Commission adopted a Performance Metrics program in December 2012, for <br /> implementation January 1, 2013. This is a company performance based program designed to <br /> incentivize employee commitment towards the company's success. Divided into categories <br /> representing core values of the company and again into sub-categories that are quantifiable, this <br /> program is designed to track goals that require companywide support of the employees to <br /> continually achieve. When the employees work together as a team to achieve these goals, the <br /> company recognizes a corresponding increase in value to our customers. <br /> DISCUSSION: <br /> At close of the fiscal 2013 year, and completion of the audit, the final score card would be <br /> evaluated and presented to the Commission for awarding the related bonus in 2014. We will <br /> track the progress of the company and the related score card quarterly throughout 2013. This will <br /> help to keep the Commission and employees informed of our success/failure throughout the year <br /> and will also help with budgeting for the 2014 year. The scorecard is attached, projecting scores <br /> that have known components at this date, and with some notes for the first quarter results. <br /> ACTION REQUESTED: <br /> None, this is for information only. <br /> ATTACHMENTS: <br /> • Performance Metrics and Incentive Compensation Policy Score Card - 2013 <br /> ea I IB BI Page 1 of 1 IP 0UNNATURE� <br /> Reliable Public <br /> Power Provider P ov. i ,E c To S revs <br />