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2.3. ERMUSR 08-13-2019
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2.3. ERMUSR 08-13-2019
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8/9/2019 11:58:52 AM
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City Government
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ERMUSR
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8/13/2019
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Elk River <br /> Municipal Utilities UTILITIES COMMISSION MEETING <br /> TO: FROM: <br /> ERMU Commission Theresa Slominski - Finance & Office Manager <br /> MEETING DATE: AGENDA ITEM NUMBER: <br /> August 13, 2019 2.3 <br /> SUBJECT: <br /> 2019 Second Quarter Performance Metrics Scorecard Statistics <br /> ACTION REQUESTED: <br /> None <br /> BACKGROUND: <br /> Following the Commission's Performance Metrics program, adopted in December 2012 and <br /> revised in 2016, we will be tracking the progress for 2019, to be awarded in 2020. As ERMU's <br /> performance-based program, it is designed to incentivize employee commitment towards the <br /> company's success. Divided into categories representing core values of the company and again <br /> into sub-categories that are quantifiable, this program is designed to track goals that require <br /> companywide support from the employees to continually achieve. When the employees work <br /> together as a team to achieve these goals, the company recognizes a corresponding increase in <br /> value to our customers. <br /> DISCUSSION: <br /> At close of the fiscal 2019 year, and following the completion of the audit, the final score card <br /> will be evaluated and presented to the Commission for awarding the related distribution in <br /> 2020. We will be tracking the progress of the company and the related score card quarterly <br /> throughout 2019. The second quarter scorecard is attached, with some notes for the second <br /> quarter results. <br /> FINANCIAL IMPACT: <br /> None, until awarded the following year. <br /> ATTACHMENTS: <br /> • Performance Metrics and Incentive Compensation Policy Score Card —2019 Second <br /> Quarter <br /> Page 1 of 1 <br /> 35 <br />
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