HomeMy WebLinkAboutCM Staffing-Service Level SlidesSTAFFING & SERVICE LEVELS
•County Sheriff Contracted Hours
•Recreation Staffing
•Employee Retention Strategies
EMPLOYEE RETENTION STRATEGIES
•Maintain a positive rewarding work
environment
•Support continuing education and training
•Use flexible work schedules strategically
•Proposed EV charging opportunity
•Access to local school districts
•Housing assistance loans?
Buying a Bay Area
Home Now a
Struggle Even for
Apple & Google
Engineers
February 14, 2018 -Bay Area News Group
https://www.openlistings.com/blog/can-engineers-
afford-homes-near-work-in-sf-la/
City of Saratoga Average Salaries:
Union $88,400
SEA $106,000
Unrepresented $175,000
HOUSING ASSISTANCE
•Common executive recruitment tool for
public and private employers
•Has been used in Saratoga for CM and
Department Heads (80’s & 90’s)
•Down payment assistance loan
•City could match employee $ per $ up to a
certain amount
HOUSING ASSISTANCE EXAMPLE
•$170,000 down payment (20%) for a $845,000 home purchase
•Federal conforming loan limit -$679,150
•$85,000 matching loan from City for the down payment
•15-year term at 2.40% interest (LAIF x 2)
•$563 monthly payment from employee
•City earns $16,300 in interest
•Loan due upon any sale or refinance