Orange County NC Website
Slide #12 <br /> Classified Compensation Study Implementatlon <br /> * Closest Step-places employees in the newly recommendedranges at the closest step <br /> [roGindln�ttp),This is t1w least expensive opti(m to"tum on"the newly rec4mranerkded <br /> system. <br /> • ClAss Years Place3men -places employees u-L the plan on the basi5 of their Bryce in <br /> current classifiratim.Tl-&would grant one step for ea&year of sen-um in their current <br /> class tale, <br /> * Ngxt Step Placement-places employees in tlae plan on tlae basis of their current step <br /> placement.Preserves all xte�that enrglo ee�s have geared tlrtts far,acid grants one <br /> adi.iticmal step for a yeas oFservice in.�012- <br /> Capgted AjWraftch-places employees uY the plait ttsLq the"Next citep"placerY eMbttt <br /> caps increase to a certain number of steps.Costs shown are for a cap at a five-step <br /> iterreaSe,bw could be-adiusteift <br /> Lh A Sky S 3La+77.74 673 5 W 8a ].N 5 L1-NMO 5 xzs&.n S �7N <br /> TM Plomnl $],M7,77LL9 I W3 I SklL@ GF�i 1-1,— $3FM— S$Flrbi irrry 7Lv rn.�qr S],56�7.78�i All $1,7Gd}I _7 7'ti aril fit 1) ${:k Ikl 77 $x <br /> d ] MOM 613 S].LL.3L F21F 'i NOMT.G7 'l72' 62 'l <br /> Hlu: <br /> M EL <br /> Slide #13 <br /> SupplementCerfifled <br /> 0- 19 years 17%w 20% 51,510,OGD <br /> 2D-24 y6eers 21%W M $22D,D00 <br /> 26+"ors 20%W 27% $11 B4O100 <br /> • In the 0-12 year hand.the cost equates to approx„lately$50tXO for each 1%rase in <br /> the Supplelhent percentage, <br /> • In the 20L24 year band.the cost equates to appz+oxltnately$110AM for each 1%raise m <br /> the supplement percerdage, <br /> ni.MEL IiILL <br /> VNI <br />