Loading...
01/09/2024 - Meeting Minutes Minutes Meeting Citizens’ Compensation Advisory Committee January 9, 2024 Members Present: Brandon Dew (Chair) Jeff Worthington Casey Lund J. Clair Baldwin Mike Terry Members Excused: Staff Present: David Salazar, Compensation Manager Michael Jenson, Senior Compensation Analyst Lori Gaitin, Benefits Program Manager Penny Lopez, Human Resources Technician Aubrey Garduno, Human Resources Business Partner David Lee, Human Resources Business Partner Guests: Zac Jeppson, Firefighters’ Local 81 (IAFF) Dean Mellott, AFSCME Representative A recording of these proceedings is on file and available by request from the SLC- HR department. Meeting Open & Welcome: Chair Brandon Dew called the meeting to order and established a full quorum of members present. New committee member introduction: Brandon Dew introduced J. Clair Baldwin. • Clair Baldwin introduced himself as a retired Salt Lake City firefighter with 34 years of experience. He expressed enthusiasm for the opportunity to contribute as a committee member. Brandon acknowledged and thanked Mike Terry for his service as the previous term as committee chair and complimented the work and efforts of the Human Resources staff who support the committee. Review & adopt October 3, 2023, meeting minutes: Casey Lund motioned to approve the minutes of the meeting held October 3, 2023; Mike Terry second the motion. The minutes were unanimously approved by the members present. Public Comment: None Review of 2023-24 labor market, economic, and related salary budget forecast reports, and information – David Salazar David presented 2023-24 salary budget forecasts and results as reported in the Worldspan article, “Inflation, Labor Market Drive Merit Pay Increases for 2024” dated 12/22/2023. Results come from surveys conducted by global compensation consulting firms including WorldatWork, Mercer, and Willis Towers Watson. Highlights from each of these firms included the following: • WorldatWork’s 50th Annual Salary Budget Survey for 2023-2024 o U.S employers forecast raising their total salary budgets between 3.8% and 4.1% for 2024. o Among 2,146 participating organizations, WorldatWork found U.S. employers are projecting 4.1% pay increase budgets in 2024 and 3.6% merit increases on average. o Projecting a salary budget increase of 4.0% for all employee types (e.g. non- exempt, exempt, executive), region (i.e. Western states), and Utah is 2024. Of note, a slightly higher increase equal to 5.0% is projected on the whole by public sector employers. o Salary structure (or range) adjustments are forecast to be lower, including an increase by 3.0% only by WorldatWork and Mercer. • Mercer’s U.S. Compensation Planning Survey, November 2023 edition o U.S. employers forecast raising their merit increase budgets by 3.5% and total salary increase budgets by 3.8% for 2024. • Willis Towers Watson (WTW)’s Salary Budget Planning Survey o Reports U.S. employers surveyed are projecting an overall 4.0% pay increase budget for 2024. Next, David summarized economic indicators for Utah and the United States included in a report issued by the Utah Department of Workforce Services (DWS). The statistics shared reflect the department’s latest quarterly forecast as of October 2023. • David noted the trend in actual, estimated, and forecasted increases for U.S. and Utah average wages is decreasing slightly over time as inflation and labor market pressure begin to cool down. Specific indicators for the years including 2022-2024 are reported as follows: U.S. Average Annual Pay o 2022 actual - 3.3% o 2023 estimated - 4.0% o 2024 forecast - 4.1% Utah Average Annual Pay o 2022 actual – 6.1% o 2023 estimated – 4.5% o 2024 forecast – 3.5% Finally, David referred committee members to a Department of Workforce Services' blog, titled “The Utah Job Demand Buffer” (dated December 26, 2023), which focuses on the overall impact rising interest rates, inflation, and a tight labor market had on Utah’s labor market and local economy. While this blog reports Utah’s growth numbers look good, Utah continues to be affected by labor shortages leading to an elevation in wages. David referred to the following graphic included in the blog, which shows despite significant decreases in demand for labor in fields including professional, scientific, and technical services; transportation and warehousing; manufacturing; and, retail trade, the demand for labor (as reflected in unique job postings) among public sector employers increased by 11.6% from September 2022 – August 2023. Referring to the previously mentioned Worldspan article, David noted most experts agree the economic trends are calming and inflation is slowly trending downward. Cost of labor rather than inflation continues to the primary factor among U.S. employers when setting salary budgets and driving pay increases (especially among lower wage workers). Presentation & review of results of 2023-2024 Elected Officials, Department Directors & Other Key City Leaders Salary Survey David Salazar noted it has been some time since the city last conducted a special survey to assess pay for elected officials, department heads and other key city leaders. The last time the Committee evaluated pay for this group was back in 2016. With input from participating cities we were regularly surveying it was determined that we didn’t need to conduct the survey every year, but rather every three to four years. The timing of this survey being conducted this year, is to be able to share applicable salary data with any incoming administration. Michael Jenson reported on the survey methodology and results, as follows: • Participants o 92 entities surveyed o 32 participants (35% response rate) ▪ Incentives for participation included limited the number of jobs surveyed so it isn’t as cumbersome and also providing complimentary summary of findings for all participants. • Requested Data o For each matching job we gathered their title, incumbent years of service, actual wage. ▪ For elected officials we gathered whether Full Time or Part Time for similar types of government structure. • Methodology o Minimum of five participants in order to draw any type of conclusion ▪ Of the 40 jobs surveyed, only one had an insufficient number of responses where no conclusion could be made. o Normalize the wage information to Salt Lake City, utilizing a Geographical Factoring as provided by the Economic Research Institute (ERI). o Compared Salt Lake City’s actual wage for the given job against the normalized median of participants ▪ Other data elements gathered/calculated can help frame the final results. • Average years of service, actual low, actual high, and average. • Summary Findings o As highlighted in the summary table and following the Committee’s prior year guidelines for determining competitive position relative to the market, we can see of the 40 jobs surveyed there are 13 jobs which would be considered lagging the market when looking solely at actual wage. ▪ 5 jobs significantly lagging (Less than or equal to 90% of market) ▪ 8 jobs slightly lagging (Between 90.1% and 98% of market) ▪ 15 jobs competitive (Between 98.1% and 109.9% of market) ▪ 11 jobs significantly leading the market (Greater than or equal to 110% of market) • Discussion o David Salazar pointed out that there are nuances that exist when determining recommendations/action to take. An example being that these jobs being surveyed are typically the top-level jobs. Specifically, the Director of Transportation at SLC is a division director while in the market it may be the department head. As the results indicate we are significantly lagging the market, it doesn’t necessarily mean a drastic change needs to be made such that the division director ends up being paid more than the department head here at the City. These results should be used as a guide while taking into account these types of nuances. Clair Baldwin asked to have shared with the committee the list of cities who participated in the survey to ensure an appropriate scope was surveyed/included. Presentation on results of 2024 local area benchmark market pay analysis – Michael As has been done in prior years, the local area benchmark market analysis is broken down into three separate groups based on the comparison methodology and subsequent market position following the Committee’s established guidelines. AFSCME Summary – This group comprises jobs that are part of the American Federation of State, County, and Municipal Employees (AFSCME). These jobs comprise Crafts/Trades, Clerical/Administrative, and Paraprofessionals and make up about one-third of the City’s workforce. In this breakout the evaluation is based on Salt Lake City’s top rate, of the job’s negotiated wage schedule, compared to the market’s fiftieth percentile/median wage. Below is the breakout summary following the Committee’s established guidelines and a look at how it compares to the previous year’s summary: • Current Year Summary o 2 Jobs Significantly Lagging (Less than or equal to 90% of market) o 6 Jobs Slightly Lagging (Between 90.1% and 98% of market) o 18 Jobs Competitive (Between 98.1% and 109.9% of market) o 10 Jobs Significantly Leading (Greater than or equal to 110% of market) • Prior Year Summary o 0 Jobs Significantly Lagging (Less than or equal to 90% of market) o 5 Jobs Slightly Lagging (Between 90.1% and 98% of market) o 19 Jobs Competitive (Between 98.1% and 109.9% of market) o 10 Jobs Significantly Leading (Greater than or equal to 110% of market) Public Safety Summary - This group comprises Police, Fire, and Public Safety Dispatchers. While Public Safety Dispatchers are technically part of the AFSCME union, the methodology used for comparison against the market is the same as is used for Police and Fire. That methodology is to compare Salt Lake City’s top rate, of the job’s negotiated wage schedule, compared to the market median top rate taken from selected entities that were determined to be Salt Lake City’s targeted competitors. Below is the breakout summary following the Committee’s established guidelines and a look at how it compares to the previous year’s summary: • Current Year Summary o 0 Jobs Significantly Lagging (Less than or equal to 90% of market) o 2 Jobs Slightly Lagging (Between 90.1% and 98% of market) o 8 Jobs Competitive (Between 98.1% and 109.9% of market) o 0 Jobs Significantly Leading (Greater than or equal to 110% of market) • Prior Year Summary o 0 Jobs Significantly Lagging (Less than or equal to 90% of market) o 3 Jobs Slightly Lagging (Between 90.1% and 98% of market) o 7 Jobs Competitive (Between 98.1% and 109.9% of market) o 0 Jobs Significantly Leading (Greater than or equal to 110% of market) The following is a breakdown of the entities selected as the “Competitors” for Public Safety jobs: Fire Competitors: o Ogden o Park City Fire Department o Unified Fire Authority o West Valley Police Public Safety Dispatcher Competitors: o Ogden o State of Utah o Unified Police Department o West Valley Non-Represented – This group incorporates all remaining jobs at the City that do not fall into AFSCME or Public Safety. These jobs’ market position is determined by comparing the City’s median wage against the market’s median wage. For select instances where the City’s job is currently vacant, the compensation grade midpoint is used in lieu of the actual median wage. Below is the breakout summary following the Committee’s established guidelines and a look at how it compares to the previous year’s summary: • Current Year Summary o 2 Jobs Significantly Lagging (Less than or equal to 90% of market) o 15 Jobs Slightly Lagging (Between 90.1% and 98% of market) o 16 Jobs Competitive (Between 98.1% and 109.9% of market) o 10 Jobs Significantly Leading (Greater than or equal to 110% of market) • Prior Year Summary o 8 Jobs Significantly Lagging (Less than or equal to 90% of market) o 7 Jobs Slightly Lagging (Between 90.1% and 98% of market) o 14 Jobs Competitive (Between 98.1% and 109.9% of market) o 11 Jobs Significantly Leading (Greater than or equal to 110% of market) An additional step taken this year, as part of our overall evaluation, was that we did a year-over- year review. This review looked at the difference in market position and extra scrutiny was placed on jobs whose market position differed from the prior year by five percent or more. In these instances, further research was performed to try to understand why and whether we are able to explain why. Specific examples of this evaluation and steps taken were reviewed. Confirmed next meeting date: ❖ Tuesday, January 23, 2024, 3:30 PM - 5:00 PM Unfinished business: None The meeting was adjourned at approximately 5:00 PM.