Salary Increases and Merit Distribution
On Friday, May 24th, the Board of Trustees met and approved the budget for fiscal 2020 (FY20), including a 2.5% base salary increase pool and a .5% discretionary merit pool for a total wage increase pool of 3.0%. Salary increases will be awarded as follows:
- Employees who received a performance evaluation with an overall performance rating of Effective, Highly Effective or Exceptional will receive a 2.5% base salary increase. These employees also will be eligible for an additional merit increase, at the discretion of their division’s leadership.
- Employees who received a performance evaluation with an overall performance rating of Achieves Most will receive a 1.5% salary increase.
- Employees who received a performance evaluation with an overall performance rating of Does Not Meet will not receive a salary increase.
The merit pool will be distributed at the discretion of each division’s leadership to recognize and reward strong performance. Considerations for awarding merit include, but are not limited to, the impact the employee’s performance had on the department’s operation, achievement of individual and department goals, team effectiveness, support of our diversity and inclusion efforts, and others.
We will begin the distribution of salary increase letters during the week of June 23rd.