HomeMy WebLinkAbout17-023 Compensation Study
4646 Dakota Street SE
Prior Lake, MN 55372
RESOLUTION 17-023
A RESOLUTION AUTHORIZING THE MAYOR AND CITY MANAGER TO EXECUTE THE
CITY’S STANDARDIZED PROFESSIONAL SERVICES AGREEMENT WITH KEYSTONE
COMPENSATION GROUP LLC TO PREPARE THE INFORMATION REQUIRED FOR THE
STATUTORILY MANDATED PAY EQUITY REPORT AND COMPREHENSIVE
COMPENSATION PROGRAM STUDY AND ALLOCATING FUNDING FOR THE
COMPLETION THEREOF
Motion By: Thompson Second By: McGuire
WHEREAS, The City recognizes the need to periodically review and update its job classification
and compensation systems to remain a competitive employer.
WHEREAS, Given that 64% of the City’s annual budget is for payroll, it is important to
determine if the current pay structure is appropriate or needs adjustment.
WHEREAS, The most recent analysis of the compensation program was conducted in 2007.
WHEREAS, Several factors influenced the decision to pursue this study in 2017, including pay
equity reporting and labor negotiations.
WHEREAS, City staff does not have the expertise nor the capacity to conduct such a study.
WHEREAS, An external expert ensures neutrality by using a well-established methodology and
is more likely to be perceived as unbiased by staff.
WHEREAS, Staff recommends the Keystone Compensation Group, LLC as the vendor for this
study.
WHEREAS, The 2017 Human Resources budget is amended to reflect the expenditure of
$28,020 from general fund reserves balance to complete the compensation study.
NOW THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF PRIOR LAKE,
MINNESOTA as follows:
1. The recitals set forth above are incorporated herein.
2. The Mayor and City Manager are hereby authorized to enter into a standardized
professional services contract with the Keystone Compensation Group, LLC in the amount
of $28,020 for a comprehensive analysis of the City’s compensation program.
3. The 2017 general fund is amended by the addition of $28,020 for Human Resources (101-
4182.00-53100.80) expenditures to fund the compensation study.
Passed and adopted by the Prior Lake City Council this 13th day of February, 2017
N:\City Council\Resolutions\2017\17-023 Compensation Study.docx 2
VOTE Briggs McGuire Thompson Braid Burkart
Aye ☒ ☒ ☒ ☒ ☒
Nay ☐ ☐ ☐ ☐ ☐
Abstain ☐ ☐ ☐ ☐ ☐
Absent ☐ ☐ ☐ ☐ ☐
______________________________
Frank Boyles, City Manager