Text · page 33 of 132
Read the whole document on one page (all 132 pages, each with its own heading)
Reason for 5% Wage Increase – Small Increase in Cost $ 11,500 FT Code Officer hired in 2022 for $30/hr when budget specified $25/hr $ 9,960 PT Cleaner Added (10 hrs/week) $ 43,775 Attributable to the 5% wage increase $ 65,235 Proposed change over 2022 wages (as shown on prior slide) Each 1% raise is roughly $8,800 split among all 34 employees Change to Employee’s 5% Raise 4% Raise 3% Raise Paycheck ($) – biweekly or monthly Less than $30 8 employees 13 employees 18 employees $30 ‐ $50 10 employees 6 employees 8 employees $50 ‐ $75 5 employees 10 employees 7 employees $75 ‐ $100 8 employees 4 employees 1 employee $100 ‐ $125 2 employees 1 employee Over $125 1 employee For more than half the employees, a 5% raise still means less than $50 more in their paycheck (paid bi‐ weekly or monthly depending on position). However, this is slightly better for the employee than a 3% raise where more than half the employees would receive less than $30 more per paycheck (paid bi‐ weekly or monthly so looking at less than $15/week more if a 3% is given). 37