Employee Benefits Review Committee - May 27 2026

The Employee Benefits Review Committee meeting held on May 27, 2026, primarily focused on reviewing a comprehensive pay study conducted by BTA Consulting for the city of Shelbyville. The consultant presented findings indicating that current employee salaries were on average about 9% below the market median, recommending an 8% increase to the overall pay structure to improve competitiveness and retention. The proposed adjustments, including a new step-like pay structure for the fire department and reclassification of certain jobs, would result in an estimated annual cost of approximately $1.3 million. Committee members discussed the budget implications, noting the need to fund the increases potentially through fund balance, and emphasized the importance of maintaining competitive pay to retain trained employees. The committee voted to recommend the pay plan implementation to the city council. Additionally, there was a brief update on the 401(k) plan with pending follow-up information, and scheduling of the next meeting was discussed.