§ 260.04 COMPENSATION.
   (a)   The rates of pay for all employees shall be defined in the city’s Wage and Salary Schedule. Said Schedule shall provide for a minimum, midpoint and maximum amount of compensation, as well. The Mayor is hereby authorized to fix the compensation for an employee based upon said schedule dependent upon the efficiency, merit and seniority of an employee, or any other consideration which is deemed pertinent. In the event that the Mayor determines that an employee, newly hired and/or promoted, should be paid at a rate beyond the midpoint, approval of the Council Finance Committee shall be required.
   (b)   Commencing January 1, 2003, all employees of the city shall be paid on the same bi-weekly payday or every other Friday. The amount of pay shall be for what each employee earns in the two-week pay period concluding or ending the week before each payday. In the case of salaried and/or modified salaried employees, their bi-weekly earnings shall equate to the annual amount for their respective grade and step in the current pay scale, for the period between and including the dates of January 1 to December 31 each year.
   (c)   Effective January 1, 2003, the annual appropriation for payroll shall be based upon the amount earned and payable (not paid) to employees between and including the date of January 1 to December 31.
(Ord. 1998-25, passed 5-18-1998; Ord. 2002-219, passed 10-7-2002)