Item Coversheet

CITY OF RIVIERA BEACH CITY COUNCIL
AGENDA ITEM SUMMARY

Meeting Date: 6/20/2018 
Agenda Category:RESOLUTION
Subject: City Council requested implementation amortization of ten (10) years to market, 20 years to maximum compensation for managerial employees. 
Recommendation/Motion: City Council requested implementation amortization of ten (10) years to market, 20 years to maximum compensation for managerial employees. 
Originating Dept HUMAN RESOURCES  Costs The Salary savings in Year 1 is approximately $250,000  
User Dept.HUMAN RESOURCES Funding Source
AdvertisedNo Budget Account Number
Date   
Paper   
Affected PartiesNot Required   
Background/Summary: 

On February 21, 2018, City Council approved the implementation of the comprehensive salary study as conducted by Management Advisory Group (MAG).  At the request of the committee MAG ran several different  amortization options to get employees to market.   The committee selected the most aggressive amortization of five (5) years to medium (market), ten (10) to maximum. 

 

However, at the Comprehensive Salary Study Workshop held on June 7, 2018, City Council directed staff to bring for implementation 10/20 amortization for managerial employees.  In addition, City Council requested to see the current longevity practice as well as the proposed language for Paid Time Off (PTO). 

 
Fiscal Years
Capital Expenditures
Operating Costs
External Revenues
Program Income (city)
In-kind Match (city) 
Net Fiscal Impact
NO. Additional FTE Positions
(cumulative)

III. Review Comments

A. Finance Department Comments:
 
B. Purchasing/Intergovernmental Relations/Grants Comments:
 
C. Department Director Review:
Contract Start Date 
Contract End Date
Renewal Start Date
Renewal End Date
Number of 12 month terms this renewal
Dollar Amount
Contractor Company Name
Contractor Contact
Contractor Address
Contractor Phone Number
Contractor Email
Type of Contract
Describe
ATTACHMENTS:
File NameDescriptionUpload DateType
Resolution_10-20_Managerial_Amortization._06202018.docResolution 10/20 Managerial Amortization. 062020186/15/2018Cover Memo
Riviera_Beach_final_Implementation-_10-20_Normal_Progression_2018-06-13-0617PM_(002).pdfManagerial 10/20 Amorization 6/13/2018Cover Memo
REVIEWERS:
DepartmentReviewerActionDate
Human ResourcesMitchell, DorothyApproved6/14/2018 - 7:39 PM