Banff weighs separate inflation formula for staff wages, eyeing 2.7% hike in 2027
Banff town council is reviewing how employee pay is calculated, considering a wage-specific inflation measure distinct from other municipal costs.
Banff town council is examining how staff wages are set, with administration proposing to apply a different inflation factor for wages than the one used for other operational expenses.
Under the proposed approach, the wage-specific inflation adjustment would bring the increase for employee pay to 2.7 per cent in 2027, a figure separate from broader budget inflation calculations used elsewhere in municipal operations.
The discussion comes as part of council's ongoing review of the town's budget and compensation practices, though further details on the full scope of the wage review were not immediately available.
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