Agenda Packets - 2013/02/25 - Laserfiche WebLink

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with the City. Emphasis will be placed on inviting organizations, which are comparable to the City as well as those with which the City competes for employees, to participate in the survey. Springsted will use the same communities invited to participate in the 2008 salary survey for the 2013 update. The City may add or delete communities to his list. We will submit the salary survey to the City for its review before sending out survey. Task 5. Develop a Compensation Program Springsted will use the data obtained in the salary survey to update the City's compensation program. We will use the same process used in 2008, which established a line of best fit and developed a pay scale based on an analysis of market rates and pay rates predicted by the line of best fit. We will also run a pay equity report for the City with the understanding that future report results could be altered if the gender composition of the City's workforce changes. Springsted will estimate the cost to implement the study recommendations that coincides with the City's financial and budgetary requirements and the needs of employees. Estimates of the cost of implementation can be spread over more than one year if necessary. Task 6. _ Final Report Springsted will prepare a final report detailing the methodology used in the study and outlining the elements of the compensation program and present the report to the City. Copies of study documents will be provided in both written (in a number to be identified by the City) and electronic form. Time to Complete Springsted is available to start the update immediately. The project is estimated to take 8 weeks, assuming that we receive data from the survey communities in a timely manner. Project Cost Springsted will update the classification and compensation program for a professional fee of $7,200, payable upon completion of the project. Out-of-pocket costs are estimated at less than $250. The City will be invoiced at the conclusion of the project. Springsted Mounds View, Minnesota. Work Plan to Update a Classification and Compensation Study.