Agenda Packets - 2024/01/08 - Laserfiche WebLink

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Exhibit C B. COMPENSATION In order to attract and retain a well -qualified workforce to perform City services, and comply with state and federal laws regarding wages, the City shall establish and communicate its compensation plan. The City has an interest in understanding how its compensation plan compares to that of similar public organizations that employ individuals with similar skills and duties. The Human Resources Director shall review the compensation system periodically and recommend changes to the City Administrator. The information will then advance to the Human Resources Committee. This periodic review will involve a review of all salary ranges included in the system. The compensation system shall include designated salary ranges, each with a minimum, target rate, and maximum rate. The City Council shall adopt a compensation salary range schedule establishing rates of pay for salary ranges in the pay -for -performance compensation system. The salary range schedule may be adjusted by the City Council. Salary ranges may reflect: • The relevant rates of pay in public labor markets; • The financial condition and fiscal policies of the City; • Other pertinent economic considerations. C. CLASSIFICATION/GRADE Each position shall be placed in the appropriate grade through an objective evaluation process within the Classification Plan (L.E.L.S. Union Members are excluded as they follow their Labor Agreement). D. NINE -STEP COMPENSATION PLAN The City uses a nine (9) step compensation plan for regular full-time and part-time employees. The nine (9) step plan is the first phase of the overall compensation policy and shall consist of nine (9) increments with the highest step, Step 9, representing 100% of the position's maximum compensation rate. The steps are as follow: Start 6 Months 1 Year 2 Years 3 Years 4 Years 5 Years 6 Years 7 Years Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Step 8 Step 9 100% 4.00% 3.75% 3.75% 3.75% 3.50% 3.25% 3.00% 2.75% Progress through the Steps Generally, new employees will begin at Step 1 of the nine (9) step plan. The City Council may however authorize a new employee to start at a step other than Step 1 in consideration of experience and qualifications. Employees hired to start at Step 1 will be eligible for an increase at six (6) months of service. Advancement to subsequent steps would occur on the employee's anniversary date until the employee reaches Step 9. Advancement to a subsequent step necessitates (1) a performance evaluation rated satisfactory or better by the employee's supervisor and (2) approval by the Department Head and City Administrator. The progression from Step 1 to Step 9 represents a span of seven (7) years.