MEMO: New Salary Grid Increase 5.6% – Pension Change Notice – Premium Pay Policy Revision – Nov 20
MEMO: New Salary Grid Increase 5.6% – Pension Change Notice – Premium Pay Policy Revision – Nov 20
TO: All Staff
FROM: Clara Young, Director of Finance & Administration
DATE: December 1, 2023
Re: • New Salary Grid – 5.6% Increase
• Pension Change Notice – Minimum Contribution – Postponed until pay day Jan 12, 2024
• Premium Pay Policy Revision – Point 2
•NEW SALARY GRID
Please be advised the Tikinagan Board of Directors have approved a 5.6% increase in the salary grids for agency staff. Salary increase changes will be effective November 11, 2023, and will be reflected on the December 1, 2023 pay day.
Salary increases are being implemented to offer employees more sustainable wages to accommodate the rising cost of living.
Employees will continue to receive their annual salary increases on their normal annual increase date. When an employee reaches the top of their grid level, they will receive an annual cost of living payment within the pay period of their annual increase date.
Staff will receive an individual letter that will outline the specific impact on their salary.
We remind staff of their responsibility to respect the confidentiality of the letter they receive regarding placement on the salary grid and any specifics regarding their own salary.
We hope this increase will allow the agency to be competitive in the workforce and to assist with staff recruitment and retention. The agency values our staff, and we would like to acknowledge the commitment of everyone, as we all work together to offer enhanced service delivery.
•PENSION CHANGE NOTICE – MINIMUM CONTRIBUTION – Postponed until pay day Jan 12, 2024
Effective November 11, 2023, please be advised the Tikinagan Board of Directors have approved the mandatory minimum pension employee contribution to increase from 3% to 5% for all employees who join the Pension Plan after one year of employment.
For current employees who elected to contribute either 3% or 4%, this will automatically change to 5%. Payroll will implement any required changes.
As part of the existing Pension Plan, employees can contribute up to 10%. Tikinagan will match contributions up to a maximum of 8%. Employee contributions over 8% will be considered voluntary contributions.
The Pension Plan is to ensure all employees are saving for their retirement in years to come.
If you have any questions, please contact the Human Resources Department via telephone at (807) 737-3466 ext 6404 or by email at Human_Resources@tikinagan.org
•PREMIUM PAY POLICY REVISION
Tikinagan will be implementing changes to point 2. Supervising children in care in an Agency Operated Home (AOH) or other premises, of the adjusted Premium Pay Notice sent in May 2022 (attached).
Effective November 11, 2023, all Residential Counsellors, Case Aides, Casual Relief Workers, and other staff working shifts at an AOH or other premises to supervise/care for children in care will no longer be provided with Premium Pay of $4/hour in addition to regular pay. Payroll will not process any “RC” hours indicated on timesheets on or after this date.
This portion has been discontinued as the Ministry no longer provides funding for this allocation.
If you have any questions pertaining to the Premium Pay Policy revision, please contact the Payroll Department at (907)737 – 3466 ext 6406 or by email at Payroll@tikinagan.org