4.5 SR 12-06-2021 - Laserfiche WebLink

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APPENDIX WAGES 1/1/20192022 Start $44.9449.47 After one (1) year $45.9150.55 After three (3) years $46.6851.40 Pay steps shall increase based on the following: July 1, 2022 – Market adjustment to top 30% of peer city contracts applied in 0.25% increments retro to January 1, 2022. January 1, 20203 – 2.75% general wage increase. July 1, 20203 – Market adjustment to top 30% of peer city contracts applied in 0.25% increments average retro to January 1, 20203. January 1, 20214 – 2.75% general wage increase. July 1, 20241 – Market adjustment to top 30% of peer city contracts applied in .025% increments average retro to January 1, 20214. WAGE INCENTIVE PROGRAM Regular full-time Employees shall be eligible to participate in the Wage Incentive Program. Employees who meet established guidelines of the program shall be eligible for the following: After five (5) years – Up to 3% of Employee’s base wage rate After nine (9) years – Up to 4.5% of Employee’s base wage rate After thirteen (13) years – Up to 6% of Employee’s base wage rate After seventeen (17) years – Up to 7.5% of Employee’s base wage rate After twenty-one (21) years – Up to 9% of Employee’s base wage rate P.O.S.T. LICENSE The Employer shall reimburse Employees for the cost of P.O.S.T. Licensure. HEALTH CARE SAVINGS PLAN By payroll deduction, all members in the bargaining group shall contribute $100 per month4% of their base salary each payroll to the Minnesota State Retirement System Health Care Savings Plan. For 2022, 2023, and 2024, all compensatory time, vacation time, holiday pay, and sick severance eligible to be paid out at separation will be paid into the employee’s Health Care Savings Plan. This plan is pursuant to Minnesota Statute §352.98. 12