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1. The City Manager will evaluate the performance of each of his or her <br />Executive Management (EM) employees to determine their individual eligibility for a <br />performance increase and how much, if any, increase will be given, but such increase <br />cannot exceed the salary range maximum assigned. Such performance evaluation will be <br />for a determined period preceding the date of the performance evaluation. <br />2. Performance Ratings. Each Executive Manager's performance in relation <br />to his or her agreed upon objectives and managerial behaviors will be evaluated for an <br />identified period according to the following performance rating scale: <br />Point Rating Performance Levels <br />3 Significantly Exceeds Expectations: <br />Consistently exceeds all objectives requirements and <br />expectations by a wide margin. <br />2 Exceeds Expectations: <br />Consistently meets all objectives and requirements <br />and exceeds several. <br />Meets Expectations: <br />Meets objectives and requirements. <br />3. Performance -Based Incentive Pay Bonus. At the discretion of the City <br />Manager, each Executive Management (EM) employee who has achieved and <br />maintained the maximum salary of their classification salary range for one (1) full year, <br />may be eligible to receive a lump sum performance -based incentive pay bonus for <br />extremely meritorious performance outside their regular job responsibilities. The <br />calculation of the incentive pay bonus will be based on a percentage of current annual <br />rate of base salary for the identified period in which the compensation was earned, in <br />accordance with the following: <br />a. For overall performance rated as "Extremely Meritorious Performance," an <br />incentive pay bonus up to, but not to exceed seven and one-half percent (7.5%) in toto. <br />D. Application of Guidelines. <br />1. The incentive pay bonus granted under this plan is not an increase <br />in base salary and no salary range applicable to any Executive Management employee <br />covered by this Resolution will be changed or deemed to have been changed by reason <br />of such incentive pay. <br />