Lump 'merit pay' bonus planned in June for state employees | Arkansas Blog

Friday, May 11, 2012

Lump 'merit pay' bonus planned in June for state employees

Posted By on Fri, May 11, 2012 at 10:32 AM

The state Finance and Administration Department today gave notice that merit pay bonuses for qualifying state employees would be paid June 29.

Rising state tax revenues enabled finding the lump sum bonuses, Deputy DFA Director Tim Leathers said. Unlike past years, however, the lump sum payment won't be built into pay as an ongoing permanent pay increase for classified employees (the bulk of state employees).

The bonuses — based on evaluations of employees that have been made through the year — will range from 1 to 3 percent and cost, counting Social Security and Medicare matches, $24 million. About $9 million will come from state general revenue, the rest from federal money and other state money taken off the top for certain agencies from tax collections.

Here's the notice. It will be interesting to see how the dollars are distributed relative to pay. Three percent is worth a lot more to a $100,000-a-year employe than to a $30,000-a-year worker.

Tags: ,


Favorite

Comments (10)

Showing 1-10 of 10

Add a comment

 
Subscribe to this thread:
Showing 1-10 of 10

Add a comment

More by Max Brantley

  • Is the legislature 'routinely corrupt'? A few dozen examples say yes.

    Is the Arkansas legislature routinely corrupt? In the Arkansas Democrat-Gazette today, one  legislator wrote in the op-ed section that it is not while Michael Wickline reported a powerful argument in favor on page one. And I list a lot more.
    • Sep 23, 2018
  • Saturday's open line includes Kavanaugh news and a stunning political ad

    Here's the open line. For entertainment, if you have one minute, watch this political ad against  Republican Rep. Paul Gosar of Arizona. Wait for it.   In other news: It appears the hearing is on for Christine Blasey Ford to talk about Brett Kavanaugh's alleged sexual assault of her when she was 15 and he was an older high school student.
    • Sep 22, 2018
  • Remembering an ‘enemy of the people’ of 1957

    David Margolick pays tribute today in a New York Times op-ed to Jerry Dhonau, the former Arkansas Gazette editorial writer who died recently. He invoked a modern theme.
    • Sep 22, 2018
  • More »

Readers also liked…

  • Your daily dose of Jason Rapert

    Sen. Jason Rapert really, really didn't like it when a KATV reporter asked him about the hypocrisy of his political arguments.
    • Feb 4, 2017
  • Tom Cotton's influence on Trump's new security chief

    U.S. Sen. Tom Cotton is getting credit for pushing President Donald Trump to select Lt. Gen. H.R. McMaster as his national security adviser, Politico reports.
    • Feb 21, 2017
  • Payday lenders on the march at legislature

    Payday lenders are working hard to get legislative cover for the reintroduction of their usurious loan business to Arkansas. Some are fighting back.
    • Mar 10, 2017

Slideshows

Most Viewed

Most Recent Comments

 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation