Orange County NC Website
16 <br />Supplemental Income <br />OCOLA/Market Based Pay <br />Board adopts a total amount of cost of living <br />and market based pay increase each year <br />1 Designates a portion as salary structure <br />adjustment that applies to all employees and a <br />portion as in range increase for Proficient <br />employees <br />1 Example: Four percent COLA/Market <br />Adjustment (Two percent salary structure <br />adjustment and two percent in range increase) <br />Supplemental Income <br />OCOLA/Market Based Pay (Continued) <br />1 In -range portion may be effective with salary <br />structure portion (July 1) or given with <br />performance review <br />1 For 1998 -99, Board has awarded 2.5% <br />COLA. Could designate an additional 1.75% <br />to be awarded as in -range increase <br />1 This would provide a total COLA/Market <br />Adjustment for 1998 -99 of 4.25% <br />Supplemental Income <br />®Service Based Pay <br />1 Provides salary advancement based on <br />service, if performance expectations met <br />Similar to that provided for teachers in that <br />recognizes value of additional service and <br />experience <br />1 Option presented incorporates current <br />Longevity Pay <br />r <br />