Policy: Executive Director Compensation

STATEMENT OF POLICY AND PROCEDURE

Section: NLLS Employee(s) | Chapter: Conditions of Employment | Page(s): 1

Subject: EXECUTIVE DIRECTOR COMPENSATION | Sec 1, 1B1

Reviewed NEW | Revised: NEW | Effective: 2022/11/25



Policy Purpose:

NLLS commits to providing a comprehensive compensation program that maintains external market comparability, establishes internal equity and recognizes employees for their individual performance.  This policy establishes NLLS’s Policy regarding Executive Director compensations.

NLLS aims to remunerate the Executive director at the Market Median (50th Percentile).  This means the market median for the top attainable rate on the Pay band where half of the comparators will pay above NLLS and half will pay below. 

1.  Level – Based on experience, education, and job classification.

2.  Salary Grid reflects Steps 1-5

3.  Step within each salary level will be based on length of service and achieving an overall satisfactory performance review and budgetary constraints.

a)   Employees who have reached the top of their grid shall only be eligible for Cost-of-Living Allowance (COLA) increases as approved by the Board.

b)   At the discretion of the board, the executive director may be advanced to the next Level.

c)   The Board has the sole authority to advance the executive director one (1) level based on experience, merit, professional development, or increased duties. The decision to advance the executive director two (2) or more levels require Executive Committee notification and approval.

4.  The payroll deductions required by law, including Income Tax, Canada Pension and Unemployment Insurance, will be taken from each pay cheque.

5.  Considering market conditions and the ability to attract qualified employees the board may recognize prior relevant experience and place an employee higher than on Step 1 of the grid.

6.  Salary increases will be effective January 1 of the upcoming year.

7.  All salary ranges will be reviewed every 3 years. Any recommendations from the NLLS management team will be made to the NLLS Executive Committee. Any approved increases to overall compensation will normally be effective January 1st.

8.  General market adjustments, or Cost of Living Adjustments (COLA), are considered annually and applied to salary ranges based on Board approval.  Adjustments may incorporate the following:

  • Cost of living measure such as the Municipal Price Index and other factors including:
    • Competitive market – comparators market adjustments
    • Economic indicators – ability to pay
    • Internal equity – the need to adjust distance between ranges

ED Compensation Range:

Step

1

2

3

4

5

Annual Salary

Contract negotiated at time of hire.

% Increase up to a maximum of 4%

 

4%

4%

4%

4%

*Subject to budgetary constraints

*% increase to be determined by HR committee annually with approval of executive up to a maximum of 4%

 

 

Alberta Library Systems:

System

Population Served

Member Libraries

Chinook Arch

33

Yellowhead Region

303, 000

53

Peace Library System

175,000

38

Parkland Regional

200,000

64

Marigold Regional

340,000

Northern Lights

177,000

54

Related Topics