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RTA Compensation Schedule
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DESCRIPTION: RTA Compensation Schedule (Grade and Pay) |
AGENDA NO: Click or tap here to enter text. |
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ACTION REQUEST: ☒ Approval ☐ Review Comment ☐ Information Only ☐ Other |
RECOMMENDATION:
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Authorize the Chief Executive Officer to implement a compensation schedule for administrative staff.
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ISSUE/BACKGROUND:
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Progressive HR Strategies was hired by the RTA to perform a compensation study to create a market-based compensation structure that would address both internal and external equity and serve as a roadmap for future pay decisions. This board report offers an administrative staff compensation schedule that was developed through a market study by job and pay structure.
The primary objective of this compensation schedule is to establish a fair and competitive framework for compensating our employees based on their skills, experience, performance, and contribution to the RTA's success.
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DISCUSSION:
The compensation study evaluated RTA’s job descriptions and benchmarked them to comparable positions with other public and private employers including transit providers. As a result, the compensation schedule below was created. Survey job matches were determined by reviewing RTA job descriptions and consulting with managers to understand the knowledge, skills, abilities, and other characteristics needed to perform each position successfully. The salary data from the job matches were used to calculate a composite market value.
2023 Grades and Pay Band
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Grade |
Minimum |
Midpoint |
Maximum |
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1 |
$43,070 |
$51,480 |
$59,889 |
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2 |
$49,530 |
$59,200 |
$68,871 |
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3 |
$57,210 |
$68,675 |
$80,139 |
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4 |
$66,650 |
$76,333 |
$89,347 |
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5 |
$78,315 |
$85,334 |
$100,185 |
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6 |
$83,525 |
$95,911 |
$112,940 |
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7 |
$99,810 |
$115,098 |
$135,930 |
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8 |
$119,772 |
$141,029 |
$168,941 |
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9 |
$141,398 |
$173,213 |
$205,029 |
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10 |
$178,062 |
$222,579 |
$267,096 |
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11 |
$231,481 |
$289,349 |
$347,221 |
Our goal is to have a more equitable compensation based on performance within the RTA organization. Providing the proper compensation and rewarding performance is key to attracting and retaining the best talent. The compensation schedule shall establish a fair and transparent performance evaluation system, which may include regular performance evaluations, key performance indicators, and other objective metrics to assess individual and team contributions.
FINANCIAL IMPACT:
Results of the compensation study revealed that approximately 28% of the administrative employee workforce fell below the new salary range minimum. Employees are eligible for a pay increase. The pay increase adjustment resulted in the amount of $270,235.00. This amount was approved in the 2023 budget.
NEXT STEPS:
RTA shall continue to communicate the compensation schedule to employees, ensuring transparency about the components, criteria, eligibility requirements, and the opportunities available for growth and advancement.
ATTACHMENTS:
1. Resolution
2. Job Levels Grades Pay Bands
3. Job Levels Grades Pay Bands (Revised)
4. Class and Compensation Revision (Revised)
5. Grades and Pay Ban Table (Revised)
6. HC35 RTA Compensation Policy
7. Comp Study Methodology
Prepared By: Darwyn Anderson
Title: Chief Human Resources Officer
Reviewed By: Gizelle Banks
Title: Chief Financial Officer
6/27/2023
Lona E. Hankins Date
Chief Executive Officer