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J <br />Elk River <br />Municipal Utilities <br />TO: <br />ERMU Commission <br />MEETING DATE: <br />j August 13, 2019 <br />SUBJECT: <br />Compensation Study <br />FROM: <br />Troy Adams, P. E. <br />UTILITIES COMMISSION MEETING <br />AGENDA ITEM NUMBER: <br />2.4 <br />ACTION REQUESTED: <br />Receive and file the Current Compass Compensation Study Revision 1 dated August 13, 2019. <br />BACKGROUND: <br />In November 2018 the commission directed the Wage & Benefits Committee (W&BC) to <br />conduct a benchmarking study for the management pay group. The primary scope of the <br />benchmarking was to analyze salary compression issues with the Electric Superintendent and <br />the Assistant Electric Superintendent, as well as compare the other manager positions with the <br />market. In March the commission contracted with consultant, Current Compass, to perform the <br />benchmarking. At the July commission meeting Mark Fritsch of Current Compass presented the <br />Compensation Study report to the commission. <br />DISCUSSION: <br />Since the July commission meeting staff has identified errors in the data included in the Current <br />Compass compensation study report. Current Compass has corrected the errors and the revised <br />report is attached. This is presented just for accuracy on record only. <br />ATTACHMENT: <br />• Current Compass Compensation Study— REV1 <br />Page 1 of 1 <br />37 <br />