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Waynesville finance committee to propose cutting employee health contribution from 15% to 5%
Summary
The Village Finance Committee, with input from Wade Insurance, decided to present legislation reducing employee health insurance contributions from 15% to 5% to aid employee retention and to remain competitive with other police departments; a follow-up meeting is scheduled for May 19.
The Village of Waynesville’s Finance Committee reported on April 21 that it will present legislation lowering the employee contribution for health insurance from 15% to 5%. The committee met with Mr. Hough of Wade Insurance and described the change as a measure focused on employee retention and keeping the Village competitive with neighboring police departments.
The committee also planned outreach: Mr. Hough has agreed to meet with employees to discuss insurance options and increase staff participation in the process, and the next Finance Committee meeting is scheduled for May 19 at 6:00 p.m. The council did not vote on the change at the April 21 meeting; the item was flagged for future legislative action.
