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HomeMy WebLinkAbout2004-116-09/21/2004-ESTABLISHING DIRECTION FOR EMPLOYEE COMPENSATION AND BENEFITS RESOLUTION 2004-116 OF THE COUNCIL OF THE CITY OF FORT COLLINS ESTABLISHING DIRECTION FOR EMPLOYEE COMPENSATION AND BENEFITS WHEREAS, Council directed staff to solicit the services of a professional consulting firm with expertise in the analysis and design of employee compensation and benefits; and WHEREAS, after requesting competitive proposals from qualified firms, the City selected the consulting firm of Gallagher Benefit Services, Inc. ("Gallagher"); and WHEREAS,Gallagher completed its analysis and made a final report to the Council and staff (the "Gallagher Report"); and WHEREAS, the Council has previously approved increasing City employees' share of the premium for medical benefits to 15% of the total premium, commencing January 1, 2005; and WHEREAS,the Council wishes to establish certain additional policies relating to employee compensation and benefits that are consistent with the Gallagher Report. NOW,THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF FORT COLLINS as follows: Section 1. The City Manager will review the feasibility of the Cost Savings Options from the Gallagher Report and report back to City Council by the end of the first quarter of 2005. Section 2. The City will expand the benchmark organizations it uses in comparing its compensation and benefit programs as recommended in the 2004 Gallagher Report. The benchmark organizations hereafter to be used by the City will consist primarily of Front Range communities, but may also include, where appropriate,counties, the state of Colorado or regional data from both the private and public sectors. Section 3. The employee premiums for dependent coverage in the City-sponsored medical plans will be increased incrementally, such that employees will pay 20% of the total premium beginning January 1, 2006, and 25% of the total premium on January 1, 2007. Passed and adopted at a regular meeting of the City Council held this 21 st day of September, 2004. ayor ATTEST: Auk City Clerk