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Home My WebLink About23-24 Comp Adj Salary Table 2023-2024 Employee Compensation Plan Changes _ of 5%to the General Employee Salary Table (BI-WEEKLY/80 hours) council _• ' _ Fiscal Year 2023-2024 table.salary The performance increase to employee salaries will be 2080 hrs Yrly, 40 hrs Per Week, 80 hrs Per Pay Period 4% (increases must follow implementation guidelines) Minimum Market Maximum $4,891.20 $5,868.00 $7,041.60 18 $4,367.20 $5,240.80 $6,288.80 17 $3,898.40 $4,679.20 $5,614.40 16 The compression adjustment table moves employees $3,480.80 $4,176.80 $5,012.00 15 more quickly . . and beyond based o $3,108.80 $3,730.40 $4,476.00 14 years of service. $2,776.00 $3,332.00 $3,996.80 13 $2,522.40 $3,028.00 $3,632.80 12 $2,292.80 $2,751.20 $3,301.60 11 $2,085.60 $2,503.20 $3,003.20 10 FY 23-24 Compression Adjustment Table $1,896.00 $2,276.00 $2,729.60 9 $1,771.20 $2,125.60 $2,551.20 8 Target Percentage _ _ $1,656.80 $1,986.40 $2,384.80 7 Years in Current Position Market $1,547.20 $1,856.80 $2,228.80 6 $1,445.60 $1,736.00 $2,082.40 5 1 85% $1,352.00 $1,622.40 $1,956.80 4 2 88% $1,264.80 $1,516.80 $1,820.00 3 3 93% $1,181.60 $1,416.00 $1,700.80 2 5 100% $1,103.20 $1,324.80 $1,589.60 1 7 105% 10 110%