Financially speaking, what’s the target for exempt compensation levels?
In the immediate time frame our intention is to move all exempt staff to at least the 45th percentile for their position, based on market. On average, exempt pay at Evergreen is currently at the 47th percentile. Beyond the immediate term, the goal is to get all exempt employees up to the 50th percentile for their position. Looking further out, our hope, depending largely on state funding, would be to move all exempt staff to the 60th percentile for their position, based on the market, by 2014.