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Stock impact report

Council proposes 3.5% pay hike [Yahoo! Finance]

Concrete Pumping Holdings, Inc. (BBCP) 
Last concrete pumping holdings, inc. earnings: 3/11 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The county's wage committee originally suggested a 4% increase. Councilman Mike Sprinkle suggested lowering the amount to 3%. His proposal died for lack of a second. The council then approved the 3.5% hike of a four to three vote. The members of the wage committee all voted against the lowered amount. "When we went into this, we felt we were looking at a 3.5-4% increase based on national economic factors that are out there, and the comparison between Daviess County and other counties in Indiana," said council president Tom Schaffer who also served on the wage committee. "We know in Indiana where we are versus the average. Given the size county we have, and based on what we have seen in other counties, we needed to raise to 4% so that we can retain people and get new people." With the number of employees in Daviess County, officials say that each half percent raise translates into $50,000 annually. While the 3.5% is on the base pay, the council carved out some additional increas Show less Read more
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