Title
Discuss the City’s strategic compensation initiatives.
Body
BACKGROUND:
The Human Resources team recommends new initiatives, strategies, and updates to existing practices to ensure consistency and effectiveness in the City’s compensation design processes.
DISCUSSION:
The discussion will cover key areas such as the methodology used in the FY2024 market study, the redesign of the City’s non-sworn pay plans to include the creation of job families, a new compensation philosophy, and the presentation of compensation adjustments for FY2025 for Police, Fire, and general employees. These points will provide a comprehensive overview of our strategic compensation initiatives.
The City Council will have an opportunity to discuss. Staff will be present to answer any questions.
FISCAL IMPACT:
Estimated cost of $1,371,107 to be budgeted in FY 2025-26.
ATTACHMENT(S):
1. Staff Presentation