55A - RESO - AMEND COMP - Laserfiche WebLink

Home Browse Search

The City is desirous of establishing a 401(a) deferred compensation plan. As permissible by law the City will establish a 4401(a) deferred compensation plan at a future date. Executive Management (EM) employees covered under this resolution, at his or her sole discretion, may defer to have deposited into said 401(a) plan upon its establishment a portion of his or her compensation up to the maximum amount permitted by law. All contributions into the 457(b) and 401(a) plan are voluntary employee contributions and will meet the requirements of the Internal Revenue Code. The provision of the unrepresented Executive Management evaluation system are as follows: 111Pur ose, The basic purpose of the performance -based evaluation system Is to help attract, retain and motivate highly competent Executive Managers and to provide them with a strong incentive to excel. 11 „7 Specific Gam ansation t7atarmin�atlon. A. The City Manager is hereby given the authority to set the individual compensation, to make adjustments thereto and to make appointments at any salary within the established range for all executive positions except the City Manager, the City Attorney, and the Clerk of the Council, which will be made by the City Council. B. The City Manager will establish performance criteria and appraisal guidelines to be utilized in setting individual compensation for Executive Management (EM) employees. C. After the salary of an employee has been first established and fixed under this plan, salary advancement through the remaining steps of the 15 -step salary rate range will be based on the results of an annual performance evaluation. 11_,3Ev la uation Systcdm Components. The evaluation system will be comprised of the fallowing components: A. p,nnual Objectives. Tile system will Include a list of outcome- based, measurable objectives to be achieved which have been mutually agreed upon between the appropriate appointing authority and each individual manager subject to his or her authority. A relative weight will be assigned to each objective listed with a minimum weight of 10% and all must total 100°/x. 13. Managorial ehaviois. In addition to his or her performance In achieving agreed upon objectives, each Executive Manager will also be evaluated for his or her managerial behavior performance, Including such behavior as communication (oral or written), analysis and problem solving, decislon- making and judgment, planning and organization, management control, leadership, interpersonal relations, time- management, technical knowledge, handling of stress, etc. 55A -27