Minutes - 19910612 - Laserfiche WebLink

Browse Search

• -2- The ACA survey shows a national projection of between 5 .4 percent and 5 . 7 percent for increases in salary budget. The same increases were projected for the Southern region. Attachment 4 provides salary budget information for private employers in the Research Triangle. The average salary budget increase of all the employers shown on that attachment is 5 . 66 percent. Personnel also has surveyed nine other public employers in the area to obtain salary budget data. (The employers are listed in Item 4 . ) Among the nine employers, the range of salary budget increases reported was from 0 to five percent, if increased 401 (k) plan contributions are not included. 3 . Cost-of-Living Increase The first element of the recommended pay package is a cost-of-living increase. A cost-of-living increase responds to two factors : increases in the cost of living and adjustments other employers are making to their salary ranges . The recommended budget includes a 2 .5 percent cost of living increase. Information on changes in the cost-of-living as shown by the consumer price index was given to Commissioners earlier. That showed that the consumer price index increased 6 . 1 percent in 1990 and a 4 . 5 percent increase is projected for 1991 . As to adjustments planned by other employers, Attachment 5 shows the results from a May 1991 survey conducted by the North Carolina League of Municipalities . This shows proposed cost-of-living increases in cities with a population over 10, 000 . (Cities over 10, 000 usually have a comparably sized staff to counties . ) Of the 36 cities shown, 18 are reporting no cost-of- living increase and 18 are reporting a cost-of-living increase. Of the 18 with a cost-of-living increase, the average increase is 3 .58 percent.