Title
City Manager Merit Pay for Performance - Merit Payment
Body
RECOMMENDED ACTION (Motion):
Staff requires City Commission approval to process a proposed five percent (5%) single merit payment based on the City Manager's accomplishments and performance the past twelve months . Merit Pay for Performance was discussed and consensus reached during the City Manager's annual performance evaluation at the March 18, 2015 Executive Session. Payment is a percentage of annual base salary.
BACKGROUND:
The City Manager's annual evaluation was conducted on March 18, 2015. As part of the evaluation, the Commission discussed appropriate levels of compensation to recognize the City Manager's accomplishments of Commission Goals and the City's overall performance the past twelve months. Any compensation adjustment was metered within the constraints of the current economic environment and budget. The Commission reached consensus that a five percent (5%) merit payment for performance was deserved and appropriate. This merit payment will be processed with the April 30th payroll.
BUDGET IMPACT:
Amount: None- Five percent (5%) merit pay was budgeted for in the Commission approved and adopted budget
FY(s): FY 2014-15
Funding Source: General Fund