Laserfiche WebLink
POLICY: COMPENSATION <br /> • <br /> Approved By: City Council Section: 3.01 <br /> Revision History: 1992, <br /> This chapter of the Administrative Code established policies governing compensation. The <br /> Chapter described specific policies of the three Phases of the Compensation Policy: <br /> Phase I. The Five Step Compensation Plan <br /> Phase II. The Annual Compensation Adjustment; and <br /> Phase III. The State-mandated Pay Equity Act, its implementation and maintenance <br /> OBJECTIVES: <br /> 1. To develop and maintain a Comprehensive Policy which will attract and retain <br /> competent personnel. <br /> 2. To establish and maintain a compensation schedule consistent with the Pay <br /> Equity Act of 1984 and its subsequent amendments. <br /> 3. To provide a climate in which employees will be encouraged to develop their abilities <br /> and effectiveness in performing assigned duties. <br /> 4. To recognize the quality of job performance demonstrated by each employee. <br /> 5. To establish and maintain compensation levels which are competitive with those • <br /> provided by comparable jurisdictions. <br /> 6. To maintain an overall compensation policy with sufficient flexibility to meet <br /> changing economic and competitive conditions. <br /> PHASE I. FIVE STEP COMPENSATION PLAN <br /> A. USE OF STANTON MEAN <br /> The City shall use a Five (5) Step Compensation Plan for regular, full-time and part-time <br /> employees not represented by a collective bargaining unit. The Five Step Compensation Plan <br /> is the first phase of the overall compensation policy and shall consist of five (5) increments with <br /> the highest step, Step 5, being equal to 100% of the mean of the DCA Stanton Group 5 cities <br /> contained in the Twin Cities Metropolitan Area Salary Survey published annually by the DCA <br /> Stanton Group. The steps shall descend from Step 5 in increments of 5%. The values for the <br /> Steps are indicated below: <br /> STEP 5 COMPENSATION PLAN <br /> STEP 1 STEP 2 STEP 3 STEP 4 STEP 5 <br /> 80% 85% 90% 95% 100% <br /> B. PROGRESS THROUGH THE STEP PLAN <br /> 1. Advancement from the initial Step 1 occurs at six months after employee's date • <br /> of hire and on the employee's anniversary date thereafter until the employee <br /> reaches Step 5, unless otherwise recommended by the City Administrator and <br />