Board Agenda - May 20, 2008

X. 2008-2009 Compensation Plan

Presenter: Jeff Bailey

Purpose: A - Request decision - closure required

Time: No time limit

Description:

Teachers, Librarians and Nurses:
3.0% of the control rate general pay increase.
Increase starting salary to $44,250 for bachelor's degree teachers.
Increase starting salary to $46,250 for master's degree teachers.

Other Employees (all pay ranges 840 and below):
3.0% of the control rate general pay increase.

Administrators (all pay ranges above 840):
2.5% of the control rate general pay increase.

Athletic and Fine Arts Stipend Increases Estimated Cost: $250,000

Estimated Total Cost: $9,000,000

Notes:
Includes pay range adjustments of approximately 2.0%.
Compensation plan documents, reflecting approved adjustments, will be submitted at June 17, 2008 Board meeting.

Recommendation:

The administration recommends approval of the 2008-2009 employee compensation package as discussed in detail at the May 6, 2008 Board Work Session.

Business Impact:

Summary:

Appendix:

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