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HomeMy WebLinkAboutIR 25-0019INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 25-0019 1 ,�}• To the Mayor and Members of the City Council January 14, 2025 Page 1 of 2 rrn SUBJECT: UPDATE ON CITYWIDE CLASSIFICATION AND COMPENSATION STUDY The purpose of this report is to share an update on Citywide Classification & Compensation Study. Background: During the FY2025 budget work sessions, discussions of the proposed increase of employee entry wage rates lead to awareness on the need for the City's pay structure and pay compression issues to be further evaluated. On September 15, 2024, Mayor and Council approved funds for the City to conduct a classification and compensation study. On December 10, 2024, Mayor and Council authorized a contract with Segal to complete this compensation study. Segal has provided the City Manager's Office with a brief presentation of the project deliverables, milestones and timelines, which are provided below. Project Deliverables and Milestones Segal will conduct the following: • Project Initiation: interviews with key stakeholders; create communication plan • Classification Analysis: evaluate and redesign job architecture; develop custom job evaluation system; identify appropriate career ladders; determine/clarify distinguishing characteristics among levels in a job family; recommend standardized and consistent titling protocols • Market Review: conduct a market study on 140-160 benchmark jobs using public and private sector pay data; conduct comparisons by peers, job family, etc. • Recommendations: present new salary structure(s) reflecting the revised alignment of positions and the market data collected; recommend placement of employees within their job pay range based on determined criteria; calculate costs and fiscal impact • Final Results: present recommendations for compensation changes and philosophy on pay administration to the City Manager's Office Project Timeline This comprehensive study of employees' jobs and pay will be conducted over an estimated 16-18 months. In addition to the citywide review, Segal will be conducting a narrowly focused entry level market study for the City to assess the entry wage rate considerations for the FY2026 budget process. See chart below for additional details about the proposed project timeline: ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS INFORMAL REPORT TO CITY COUNCIL MEMBERS No. 25-0019 To the Mayor and Members of the City Council January 14, 2025 Page 2 of 2 rrn SUBJECT: UPDATE ON CITYWIDE CLASSIFICATION AND COMPENSATION STUDY Anticipated Timeline in Months Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr 24 25 25 25 25 25 25 25 25 25 25 25 25 26 26 26 26 Step 1: Project initiation Step 2: Compensation philosophy Step 3: Classification analysis Step 4: Base salary market assessment «N Recommendations development Step 6: Present final results Please contact Dianna Giordano, Director of Human Resources and Civil Service, by e-mail to dianna.giordano@fortworthtexas.gov if you have any questions. David Cooke City Manager ISSUED BY THE CITY MANAGER FORT WORTH, TEXAS