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Board considers trimming 3% COLA and adopting performance-based pay
Summary
Commissioners discussed reducing an across-the-board 3% COLA to 2% (estimated $333,000 savings) and moving to a performance-based salary matrix so raises are tied to position ranges rather than an automatic annual COLA.
The CFO and commissioners discussed whether to reduce a proposed 3% cost-of-living adjustment to 2% to save budget dollars and whether to shift to a performance-based pay matrix. Christian told the board that "reducing that by 1% would save the budget, dollars 333,000," and several commissioners said recent work brought many positions up to market rates, making a full across-the-board COLA less necessary.
The Chair described a plan to adopt a performance-based matrix with beginning, median and high salary steps for each job so employees progress based on tenure and performance rather than receiving uniform COLAs. Commissioners agreed directors should retain opportunity to request individual adjustments for employees who remain below market.
