Attachment 'B' - Council Remuneration Policy 0500-036
Policy document defining how and when remuneration surveys and adjustments are conducted.
POLICY MANUAL
| POLICY TITLE: Council Remuneration | POLICY #: 0500-036 |
| AUTHORITY: Administrative | EFFECTIVE DATE: |
| ISSUED BY: Chief Administrative Officer | REVIEW SCHEDULE: 4 years |
| APPROVED BY: Council | |
| DATE ISSUED: | DATE APPROVED: |
PURPOSE:
To review the base salaries for members of Council to ensure that remuneration is comparable to other local governments and representative of the value of work contribution.
POLICY:
1.0 Every four years, prior to the election, a market survey will be conducted to establish the level of remuneration for the newly elected in-coming Council.
1.1 The survey will include statistics from comparable local governments such as municipal population, remuneration rate for Mayor and Councillors and total remuneration costs.
1.2 The survey will also include the average and median calculations of the collected statistics.
2.0 Each year, Council remuneration will be adjusted by the amount of percentage change in the Consumer Price Index for Victoria, published by Statistics Canada for the preceding twelve (12) month period ending in October.
DISTRIBUTION: Electronic file G:\drive Policy Manual
RECORD OF AMENDMENTS
| RECORD OF AMENDMENTS | REVIEW DATE | AMENDED | OUTCOME | MOTION # |
|---|---|---|---|---|
