July 31, 2023·Ranson Financial·1 min read
Due to increased turnover and a lack of applicants, the city began to look at some significant pay changes at the start of the year, with the Derby City Council approving a total compensation study to address the issues. The council heard recommendations tied to that study at its July 25 meeting and directed staff to begin pay/benefit adjustments for city employees as presented at a total cost of $1,265,527 – to be split over two years in 2024 and 2025. With 33% of new hires leaving within one year of employment, the compensation study was seen as imperative …
Source: Derby Informer | News

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