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<br /> <br /> <br />ATTACHMENT B <br /> <br />City Manager Proposed Performance Review <br />Compensation Adjustment <br /> <br /> <br />Pursuant to section 5 of the amended Employment Agreement, the City Manager’s salary shall be <br />adjusted as provided below. This adjustment shall be in addition to any cost of living adjustment <br />provided by section __ of the Employment Agreement. <br /> <br />Calculation of value of ratings: <br /> <br /># of raters X value of each rating category added together= overall value (Values: fair = 1, good = 2 and <br /> <br />excellent = 3.) <br /> <br />Overall value divided by # of participants= Weighted average <br /> <br /> <br /> <br />Weighted average % increase <br />range <br />1-1.5 0% <br />1.6-2.5 3.5% <br />2.5-3 5% <br /> <br /> Example: <br />Fair ratings = 2 2 X 1=2 <br />Good ratings = 3 3 X 2=6 <br />Excellent ratings = 3 3 X 3=9 Total=17 divided by 6 respondents = 2.8 <br /> <br />Compensation increase would be 5% based on the table above <br /> <br /> <br />Additionally, the annual deferred compensation would be adjusted as follows, as long as performance has <br />a rated average of 1.6 to 3: <br /> <br />July 1, 2012 - +$2,000 <br /> <br /> <br />July 1, 2013 - +$2,000 <br /> <br /> <br />July 1, 2014 - +$3,000 <br /> <br /> <br />July 1, 2015 - +$3,000 <br /> <br /> <br />July 1, 2016 - +$5,000 <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> Z:\CMO\2010 Council Agendas\M100927\S100927C.doc <br /> <br />