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2023.03.28 WS Packet
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2023.03.28 WS Packet
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5/24/2024 3:05:52 PM
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8 <br />Market Assessments: Results –Non-Seasonal <br />External Equity <br />•63 of New Brighton’s 59 positions were included in the market survey as a benchmark positions (94%). <br />•Of those, 8 had insufficient data (less than 3 matches) and a market value was not calculated. <br />•Overall, the study yielded market values for 81% of the City’s non-seasonalbenchmark positions. <br />•A survey of hourly rates for seasonal positions was also conducted. <br />•Average minimum, midpoint, and maximum results were prepared for each of the 51 benchmark positions with sufficient data. <br />•A comparison of current actual and actual averages vs. the market average midpoint was also prepared. Additional market thresholds demonstrating 5% above and 5% below market were also prepared for consideration. <br />•Based on this information, the City decided to align itself with the market.
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