Arkansas Proposed Additional Compensation Plan with copy of plan
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How to fill out Proposed Additional Compensation Plan With Copy Of Plan?
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FAQ
Across industries and occupations, the average (mean) salary increase budget grew 4.4% in 2023. Median growth came in slightly lower at 4.0%. This reflects diverging trends between companies offering the lowest and highest pay increases.
Longevity pay is paid at the rate of $20 every month for every 24 months of lifetime service credit. The amount increases on the first of the month following the month the lifetime service accrual reaches a new multiple of 24 months.
How much does a State Trooper make in Arkansas? As of , the average annual pay for a State Trooper in Arkansas is $57,704 a year. Just in case you need a simple salary calculator, that works out to be approximately $27.74 an hour. This is the equivalent of $1,109/week or $4,808/month.
Wages and salaries increased 1.2 percent and benefit costs increased 0.9 percent from June 2023. (See tables A, 1, 2, and 3.) Compensation costs for civilian workers increased 4.3 percent for the 12-month period ending in September 2023 and increased 5.0 percent in September 2022.
Under the proposed budget, most state employees would receive a 4% salary increase for fiscal year 2023-24 and a 3% raise for fiscal year 2024-25.
Two separate 5% base pay increases have been approved over the next two fiscal years. The first increase will be effective July 1, 2023. The second increase will be effective September 1, 2024. Each increase will result in a minimum of a $3,000-dollar annual pay raise for all employees.