NORTH CAROLINA
EXECUTIVE SUMMARY
Meeting Date: 1/25/2010
AGENDA #5d
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TOWN OF CHAPEL HILL NORTH CAROLINA EXECUTIVE SUMMARY |
Meeting Date: 1/25/2010 |
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| Title of Agenda Item:
Town of Chapel Hill Living Wage Policy Report. (R-3) |
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| Background: The purpose of this report is to provide background information about the Town's living wage policy as well as methodologies for adjusting the living wage rate for Council consideration during the 2010-2011 budget development process. | |||
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| Fiscal Note: Currently, the living wage rate for the Town of Chapel Hill is set at $11.06 and the lowest hourly wage rate for a full time employee of the Town is $12.15. We present three methodologies for adjusting the living wage rate in the attached memorandum, none of which would impact the 2010-2011 budget. | |||
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| Recommendations: That the Council adopt the attached resolution to establish a living wage policy for all standard 37.5- and 40-hour per week full time employees of the Town with a wage rate that shall be defined as a rate of not less than seven and one-half percent (7.5%) above the Federal Poverty Guidelines, as defined by the Bureau of Census, for a family of four. We recommend that this adjustment be calculated on an annual basis and incorporated into the Town’s pay plan as part of the annual budget process. | |||
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| ATTACHMENTS: Viewing attachments may require Adobe Acrobat. |
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| Staff Memorandum | |||
| Resolution | |||