The Indiana Compensation Program for Officers and Certain Key Management Personnel is a program designed to provide fair and competitive compensation for individuals who hold key positions in public entities within the state of Indiana. This program aims to attract and retain highly skilled and qualified officers and key management personnel by offering a comprehensive compensation package. The program includes various components to ensure that officers and key management personnel are adequately compensated for their roles and responsibilities. The compensation package typically consists of a base salary, which is determined based on several factors such as job responsibilities, years of experience, and industry standards. Additionally, officers and key management personnel may be eligible for performance-based bonuses or incentives, which are tied to achieving specific goals or targets. In addition to the base salary and performance-based incentives, the Indiana Compensation Program also provides for fringe benefits such as health insurance, retirement plans, and paid time off. These benefits aim to support the overall well-being and financial security of officers and key management personnel. Attachments: 1. Salary Structure: This attachment provides a detailed breakdown of the salary structure for officers and key management personnel, including minimum and maximum salary ranges based on job levels and qualifications. 2. Performance Metrics: This attachment outlines the performance metrics and targets against which officers and key management personnel will be evaluated to determine their eligibility for performance-based bonuses or incentives. 3. Job Descriptions: This attachment provides comprehensive job descriptions for various positions eligible for compensation under the program. It includes details about roles, responsibilities, and required qualifications for each position. 4. Benefit Summary: This attachment summarizes the fringe benefits provided to officers and key management personnel, including health insurance coverage details, retirement plan options, and paid time off policies. Types of Indiana Compensation Program for Officers and Certain Key Management Personnel: 1. State Agency Compensation Program: This program specifically caters to officers and key management personnel working in various state government agencies. 2. Local Government Compensation Program: This program is designed for officers and key management personnel employed by local government entities such as counties, cities, and townships within Indiana. 3. Educational Institution Compensation Program: This program focuses on providing competitive compensation packages to officers and key management personnel in educational institutions, including school districts, colleges, and universities. 4. Public Healthcare Compensation Program: This program addresses the compensation needs of officers and key management personnel working in public healthcare organizations such as hospitals, clinics, and health departments. Please note that the specific details and attachments may vary for each type of program, as they are tailored to meet the unique requirements and circumstances of different public entities within Indiana.
Indiana Compensation Program for Officers and Certain Key Management Personnel with attachments
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As of , the average annual pay for a Government Employee in Indiana is $59,461 a year. Just in case you need a simple salary calculator, that works out to be approximately $28.59 an hour.
The average Indiana State Personnel Department salary ranges from approximately $22,282 per year for Human Resources Assistant to $81,945 per year for District Manager.
How to Establish Salary Ranges Step 1: Determine the Organization's Compensation Philosophy. ... Step 2: Conduct a Job Analysis. ... Step 3: Group into Job Families. ... Step 4: Rank Positions Using a Job Evaluation Method. ... Step 5: Conduct Market Research. ... Step 6: Create Job Grades. ... Step 7: Create a Salary Range Based on Research.
This is equivalent of $932 a week or $4,040 a month. Most salaries in Indiana range between $34,328 (25th percentile) to $59,233 (75th percentile) annually. Of course, salaries will vary depending on yor occupation, experience, and many other factors.
Governor Holcomb implemented a $1,300 salary increase, followed by a 2.5% salary increase for all State employees in January 2022; this salary adjustment resulted in an average increase of 5% for employees and was the first general salary increase in Indiana since 2008.