Board agrees on modeling assumptions for pay study while commissioning formal study
The town will model a 2.4% merit increase for budget purposes and split that 50/50 between base pay and a one-time payout pending a compensation study; manager solicited three to four firms for the study, with $85,000 cited as a high-end estimate.
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Board members debated how to treat merit and cost-of-living adjustments in the proposed budget and whether merit increases should be permanent or partially paid as one-time bonuses.
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