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Consultant recommends refreshed 26‑step pay structure; assembly questions funding and implementation
Summary
Gallagher presented a compensation study recommending a refreshed 26‑step pay structure, a 2% trend/COLA, and targeted placement adjustments with an estimated first‑year payroll cost of roughly $89,000 (0.86% of payroll); assembly members pressed for funding capacity and details on ongoing costs.
Gallagher presented the borough’s compensation study on April 20, recommending adoption of an updated 26‑step pay structure, a 2% trend (including a July 1, 2026 COLA), and salary placement adjustments for employees who would fall below the new minimums.
Eric Spana, Gallagher managing director, said 71 of 80 benchmark positions were matched and the borough’s…
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