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2007-092 - Approving The Management Compensation Plan For Fiscal Year 2007 -2008RESOLUTION 2007 -092 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS APPROVING THE MANAGEMENT COMPENSATION PLAN FOR FISCAL YEAR 2007 -2008 RESOLVED, by the Town Council of the Town of Los Gatos, County of Santa Clara, State of California, that the Management Compensation Plan for Fiscal Year 2007 -2008, a copy of which is attached hereto, is hereby approved. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 6th day of August, 2007 by the following vote: COUNCIL MEMBERS: AYES: Steve Glickman, Diane McNutt, Barbara Spector, Mike Wasserman, and Mayor Joe Pirzynski NAYS: None ABSENT: `1111 : \1►1 SIGNED: MAYOR OF THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA AT 'EST: CLE THE TOWN OF LOS GATOS LOS GATOS, CALIFORNIA TOWN OF LOS GATOS MANAGEMENT COMPENSATION PLAN FY 2007/08 TOWN OF LOS GATOS MANAGEMENT COMPENSATION PLAN UPDATED FOR FY 2007/08 PURPOSE To establish a program and guidelines for a management compensation plan pursuant to the following goals and objectives: • Establish a system for the payment of management personnel which results in appropriate salary- contribution relationships and competitive salary rates. • Recognize the distinct character of management jobs and incumbents as opposed to grouping them with other employees for salary purposes. • Diminish the possible influence of negotiated salaries for rank -and file employees on salaries set for management classifications. • Promote more commitment by management to goals and objectives of the Town Council and Town Manager. • Establish a system where salary serves as an effective device for promoting better job performance. • Give recognition to impact of the employee on the job and performance level. • Promote the further identification of management group and understanding of associated roles, loyalties, and responsibilities. • Strengthen the role of the supervisor in the compensation program. • Appropriately reward those employees whose extra effort results in the improvement of Town services. 2. APPLICATION This Policy shall apply to all employees occupying positions designated as Management, with the exception of Police Sergeants. Police Sergeants shall receive benefits consistent with POA. 3. POLICY a. Criteria For Establishing Ranges - Salary ranges shall be designed to ensure satisfaction of the "equal pay for equal work" principle. It has been determined that the maintenance of a strong competitive position in the labor market has a positive effect on the Town's ability to attract and retain highly qualified personnel. Additionally, there are identifiable differences in work requirements between Los Gatos management and presumptively comparable positions in other agencies. These differences argue against the setting of rates strictly on the basis of "prevailing wage ". To the degree possible, ranges will reflect consideration of the relative value of positions. This consideration will take into account differences and similarities in positions, within the respective management and employee groupings. The establishment and maintenance of management ranges shall be guided by the principle that no supervisor should receive less compensation than their highest paid subordinate if a similar amount of time is worked. The establishment and adjustment of salary ranges shall be effected through resolution of the Town Council. b. Salary Ranges - Management classes are established with a salary range of 35% to the top of the range. The ranges will be reviewed for possible adjustments to be effective the first pay period in September. Salary range adjustments are made to ensure the objectives of this plan are maintained, prevent compaction, maintain competitive pay in the local labor market, provide for internal and external equity, and to adjust for inflation. C. Management Evaluations — Evaluations are scheduled to be completed by September of each year and any resulting salary adjustments or awards are effective September 1. On the basis of the management evaluations, managers may be advanced in their salary range and /or provided a lump -sum bonus. Town of Los Gatos Management Compensation Plan FY 2007/08 d. Salary Progression to the Top of the Range - Employees, both upon appointment and during the course of their employment, may receive any salary amount not to exceed the maximum of their range. Employees shall be reviewed for salary increases at such times the Town Manager or department head deems appropriate, provided, however, that at least one review will be conducted annually. If an individual's level of performance or experience is less than the norm, the Town Manager may appoint to a salary less than the 35% range. It is intended that incremental salary adjustments bear a direct relationship to progress of the employee toward satisfying performance expectations. Upon employment, the employee and his /her supervisor shall develop a progress plan including a definition of performance goals, schedule of performance reviews, and outline of possible within - range adjustments. Range adjustments average approximately 5 %. Adjustments below and above this amount are permitted within parameters established by the Town Manager. While salary adjustments normally involve increases, reductions may be made in instances of unsatisfactory performance. Prior to being finalized, progress plans shall be reviewed and approved by the concerned Department Head or Town Manager in the case of Department Heads. The Town Manager shall establish the parameters for implementation and the salary progression guidelines on an annual basis. Salary adjustments for employees below the level of Department Head shall be made upon the recommendation of the Department Head and approval of the Town Manager. Salary adjustments for Department Heads shall be determined and approved by the Town Manager. e. Performance -Based Awards - The basic salary ranges are designed to ensure that employees have the potential of a salary which is internally justified, competitive with salaries paid in other agencies, and /or should provide compensation appropriate to productivity at the standards established by the Town. It is recognized, however, that some employees may make extraordinary contributions to the Town which exceeds expectations. To reward such contributions, the Town Manager may authorize performance -based awards of up to 3% of base salary. Amounts greater than 3% may be granted by the Town Council upon recommendation of the Town Manager. Performance -based awards are designed to recognize and encourage contributions that exceed job expectations and that result in identifiable and clearly recognized positive impact on the Town. Ordinarily such impact must be definable in terms of dollar cost reductions and /or increased productivity without additional costs. Examples of indicators of such contributions include: Within the employee's area of responsibility there has been a consistent, exceptionally high level of productivity with repeated successful implementations of progressive and up -to -date operational and managerial systems. Employee initiates a series of innovative approaches to providing Town services which result in significant cost savings with no reduction in service level. Employee develops programs, systems, or procedures on his /her own initiative which results in a measurable significant improvement in Town services. Labor Market Survey — The Town will periodically survey agencies making up the labor market to evaluate the competitiveness of management salaries. Surveys shall take into account scope of responsibility, functions supervised, staff size, budget, and related factors to determine comparability. Supplemental benefits shall be considered as part of the total compensation package and included in the survey of other agencies. Page -2- Town of Los Gatos Management Compensation Plan FY 2007/08 4. GENERAL ADMINISTRATION AND PLAN REVIEW The Town Manager shall be responsible for the annual review and proposed changes to the Management Compensation Plan. 5. SUPPLEMENTAL BENEFITS (refer individual plan documents for specific details) a. Eligibility - Management employees will be eligible for benefits on the first day of the month following their hire date. b. With the exception of the Cash Allocation Program, no unexpended dollar amounts associated with selected benefits may be disbursed to a terminating employee. C. All benefit selections are subject to State and Federal rules, regulations, and laws regarding employee benefits and tax status. No guarantee is made regarding the tax - exempt status of any and all benefits presented or selected except those allowed by law. d. Benefit selections must be made during open enrollment. No change may be made after that time unless such changes are a result of a qualifying event or are permitted by the benefit plan. e. Public Employees Retirement System - The Town shall continue to contract with PERS to provide the 2% at 55 retirement program for non - safety management personnel and the 3% at 50 retirement program for safety management personnel. f. Vacation Management I - Accrual Schedule 0-60 mos. 15 days per year (4.62 hrs. per pay period) 61 - 120 mos. 20 days per year (6.15 hrs. per pay period) 121 mos. & over 25 days per year (7.70 hrs. per pay period) Manaaement II - Accrual Schedule 0 - 60 mos. 15 days per year (4.62 hrs. per pay period) 61 - 120 mos. 20 days per year (6.15 hrs. per pay period) 121 - 180 mos. 23 days per year (7.08 hrs. per pay period) 181 mos. & over 25 days per year (7.70 hrs. per pay period) The maximum vacation leave accrual shall be 500 hours. Accrual of vacation leave shall cease when the maximum accrual level is reached. The Town Manager has the authority to establish vacation accrual rates for new managers at the time of hire, based upon experience and years of service. g. Vacation Cash -out — Vacation leave cash -out is permitted twice a year in December and June. The amount to be cashed out is limited to the amount accrued. Personal Leave - Management employees are eligible for maximum of forty -eight (48) hours personal leave each calendar year. Personal leave has no cash value, may not be carried over from year to year, nor may it be cashed -out. Sick Leave - Sick leave accrues at the rate of 8 hours per month (3.70 hours per pay period) with an accrual limit of 1,100 hours. Sick Leave Cash -out - Management employees who terminate employment with the Town, may cash out their accrued sick leave as follows: Page - 3 - Town of Los Gatos Management Compensation Plan FY 2007/08 1 - 59 months of service at 25% of value 60 - 119 months of service at 37.5% of value 120 or more months of service at 50% of value Management employees cash out their accrued sick leave twice a year in December or June, pursuant to the schedule above. In order to be eligible for the sick leave cash -out program, managers must maintain a sick leave balance of at least 150 hours after the annual cash -out. Managers who terminate with a sick leave balance of at least 150 hours may cash -out their entire balance pursuant to the schedule above. k. Sick -leave Conversion at Retirement - Employees hired into any regular, full -time Town position prior to November 15, 2004, who retire from the Town, may convert 100% of the value of the accrued sick leave to a dollar equivalent at their hourly rate of pay at the time of retirement. This amount shall be held in an account under the control of the Town. The account will not accrue interest and will not be paid in cash to the retiree or any beneficiaries. The employee's portion of their medical payment shall be withheld from their monthly retirement payment by PERS. From the account established, the Town will pay the retiree, quarterly in advance, the retiree's portion of medical payments until all monies are depleted from the account or the retiree dies, whichever occurs first. The retiree will be responsible for 100% of their share of future medical insurance payments once the account is exhausted. Administrative Leave - Upon approval of his /her Department Head (or by the Town Manager in the case of Department Heads), management employees are eligible for up to 40 hours administrative leave with pay per calendar year. Administrative leave does not accumulate from year to year, and may not be cashed -out. Administrative leave may be granted in recognition of extraordinary work hours by management personnel. Specific examples include unanticipated emergency situations, extraordinary Council or Commission meetings, and extensive weekend or evening work. M. Salary Adiustments for Management Employees On Extended Leave - A management employee who is on extended leave from his /her position due to sickness, disability, or employee - initiated leave without pay status shall receive no salary adjustment until returning to full -time work. Vacation or sick leave may be used to assure continuation of payroll status in order to retain insurance benefits under the cash allocation benefits program. Employees who are absent from work due to a work - related disability shall not be subject to the provision above and will be considered for a salary adjustment on the regular schedule. n. Leave Accruals - Management employees shall not accrue vacation or sick leave during any period of unauthorized leave, suspension without pay, or leave without pay. Continuation Of Benefits - Management employees shall continue to receive fringe benefits so long as those employees remain on the Town payroll. P. Disability Insurance - The Town will provide for a Short Term Disability policy effective the 8th calendar day; coverage of 60% of weekly earnings up to a maximum of $1,300 /week for 12 weeks. Long Term Disability benefits begin on the 91st day of disability; coverage of 60% of monthly earnings up to a maximum of $6,000 /mo. Page - 4 - Town of Los Gatos Management Compensation Plan FY 2007/08 q. Life Insurance - Management employees shall receive Town paid life insurance coverage providing cover of $50,000 life and $50,000 accidental death benefit or equal to annual salary, whichever is higher. Additional life insurance may be purchased in accordance with the Town's current life insurance carrier and relevant I.R.S. regulations. r. Vision Plan - Management employees shall be enrolled in the Town's vision -care health plan. The Town shall pay for the employee -only coverage. At their own cost, employees may enroll eligible dependents upon hire and at plan inception. S. Employee Assistance Program - Management employees are eligible to participate in the Town's employee assistance program. The premium shall be paid by the Town. t. Cash Allocation & Family Medical Insurance Plan Effective January 1, 2005 managers will have the option of participating in a Cash Allocation Plan or a family Medical Insurance Plan as follows: Cash Allocation Plan • All managers hired on or after November 15, 2004 shall receive a cash allocation for benefits of $400 per month; • All managers hired before November 15, 2004 shall receive a cash allocation for benefits of $950 per month; • Managers participating in this plan may receive the benefit as cash. Benefits which can be purchased through the cash allocation plan include medical, dental and vision insurance. These benefits are available on a pre -tax basis. If the premium cost of the health plan exceeds the Town contribution, the employee shall pay through payroll deduction the difference between the monthly premium and the amount contributed by the Town. Any amount received in cash is taxable. Employees electing to receive cash have the option of receiving payment in the first two paychecks of each month (24x a year) or twice a year in December and June. Family Medical Insurance Plan Managers shall receive a $1,256 per month contribution toward monthly health insurance premiums. If the premium costs exceed the Town contribution, the manager shall pay through payroll deduction the difference between the monthly premium and the amount contributed by the Town. The employee shall forfeit any balance should the Town contribution exceed the cost of the premiums. Deferred Comp - The Town will offer a deferred compensation plan to all managers. Page -5- MANAGEMENT CLASSIFICATIONS SALARY TABLE EFFECTIVE 8/26/07 Classification Maximum Annual Salary Effective 8/26/07 Total Bi- Weekly Salary Group I Police Chief $173,004.00 $6,654.00 Assistant Town Manager $160,373.00 $6,168.19 Community Development Director $160,373.00 $6,168.19 Director of Parks & Public Works $160,373.00 $6,168.19 Finance Director $160,373.00 $6,168.19 Police Captain $150,047.00 $5,771.04 Community Services Director $143,876.00 $5,533.69 Human Resources Director $143,876.00 $5,533.69 Library Director $143,876.00 $5,533.69 Group II Assistant Community Development Director $143,876.00 $5,533.69 Town Engineer $143,876.00 $5,533.69 MIS Manager $133,503.00 $5,134.73 Superintendent $133,503.00 $5,134.73 Building Official $118,314.00 $4,550.54 Finance Manager $118,314.00 $4,550.54 Assistant Library Director $113,055.00 $4,348.27 Clerk Administrator $113,055.00 $4,348.27 Economic Vitality Manager $113,055.00 $4,348.27 Administrative Programs Manager $113,055.00 $4,348.27 Parks and Public Works Supervisor $113,055.00 $4,348.27 Police Admin Services Manager $113,055.00 $4,348.27 Reflects 3% increase