COLUMBIA, Mo. (KMIZ)
Columbia City Council Members will meet Monday night to review several agenda items, including one that would give all City employees a one-time retention pay bonus if approved.
The proposed amendment to the city’s 2024 fiscal year budget would provide a one-time retention pay bonus to all permanent employees.
The $2.5 million amendment would provide either a $1,500, $1,000, or $500 retention payment.
Permanent employees are eligible for up to three retention payments with a maximum of $1,500. The pay would be based on the employees’ date of hire. The criteria would be as followed:
- $500 retention payment for employees actively and continuously employed in a
permanent position on or before 10/1/23 through February 4, 2024. Reflected on
2/23/24 paycheck. - $500 retention payment for employees actively and continuously employed in a
permanent position on or before 11/12/23 through March 17, 2024. Reflected on
4/5/24 paycheck. - $500 retention payment for employees actively and continuously employed in a
permanent position on or before 12/24/23 through April 28, 2024. Reflected on 5/17/24
paycheck.