Thursday, May 16, 2013

2013-14 Employee Raise and Related Compensation Adjustments

Two of the top three priorities identified by the Board of Trustees at the Compensation Work Study were to implement a district/collective performance pay plan and maintain the District longevity pay plan. We believe that the employees of Team C-FB have gone above and beyond what has been required of them in order to achieve the goal of “High Achievement for All Students”.

Accordingly, the District believes that evidence of this work is reflected in the annual Education Resource Group (ERG) ranking of districts. By using multiple data, the Education Resource Group (ERG) annually determines the educational productivity of all Texas school districts in three performance areas: overall educational value, academic performance and finance performance. C-FB increased academic performance moving from 17th out of the largest 200 school districts to 7th.  That puts C-FB in the top 4% of the largest districts in Texas for academic performance.
On May 2, 2013 the School Board authorized the following compensation adjustments:

1) General Pay Increase - Provide a 2.5% pay increase(based upon 2012-13 pay rate) for all eligible employees. (effective at the beginning of the 2013-14 assignment)

2) Collective Performance Pay - Implement a one-time $500 collective performance supplemental payment for eligible employees. (See Exhibit A for a description of eligibility and timeline for payment)

3) Longevity Pay - Maintain the current longevity pay system of $100 per year at each 5 year anniversary point, with the addition of a flat amount of $500 for a specified anniversary point at or above 20 years. (See Exhibit B for a description of eligible employees and timeline for payment)

These compensation adjustments support the efforts of Team C-FB to achieve the goal of “High Achievement for All Students."

Click here for detailed eligibility information about the compensation adjustments. 

No comments: