5.2 ERMUSR 12-12-2017 - Laserfiche WebLink

Home Browse Search

Elk River Municipal Utilities UTILITIES COMMISSION MEETING TO: FROM: ERMU Commission Wage & Benefits Committee MEETING DATE: AGENDA ITEM NUMBER: December 12, 2017 5.2 SUBJECT: Wage & Benefits Committee Update ACTION REQUESTED: Per the recommendation of the Wage & Benefits Committee, approve the following: • Eliminate the percent criteria of the employer contribution for the 457 deferred compensation benefit and increase the match cap from $2,000 to $2,500 for all pay groups • 2018 cost of living adjustment of 2.5% for all pay plan groups • Additional 0.5%market adjustment for the Lineworkers Pay Group • Additional 2.0%market adjustment for the Customer Service Representative position • Adjustment to the 457 deferred compensation benefit employer contribution for the Management Pay Group will be a verbal recommendation at meeting • Unused vacation time to be deposited into Health Care Saving Plan upon retirement in lieu of being paid out . • Reclassify of the Lead Bore Rig Operator position from Field Group Pay Grade 8 to Field Pay Grade 9 DISCUSSION: On October 10, the W&BC held an open meeting for employees to submit wage and benefit suggestions for consideration by the Committee. The Committee met on November 3 and 27 to review and research topics from the open meeting. In addition, the Committee had been tasked to benchmark the General Manager Position salary and the four pay plan groups. The Committee also performed market analysis in preparation for making a cost of living adjustment recommendation to the Commission. The Committee also followed up on other miscellaneous outstanding issues. The Committee submits the following for Commission consideration: Employee Open Wage & Benefits Committee Meeting A number of requests were submitted to the Committee by employees. These requests included but were not limited to the following topics: "metro average"benchmarking for lineworkers, "metro average"benchmarking for electric technicians, 457 deferred compensation benefit changes, and on-call stipend changes. The Committee discussed and researched these various requests. Of these requests,the Committee has consensus to propose a change to the 457 deferred compensation benefit. There was not consensus to propose action on any of the other requests at this time. Page 1 of 3 95