Human Resources
VOLUNTARY ACCIDENT INSURANCECompensation Terms & Definitions
Annualized Salary: Adjusted income or pay for an incumbent on annual basis.
Base Pay: Fixed compensation paid to an individual;' it is typically expressed as an hourly rate or an annual amount. The calculation of base pay is: (hourly rate*2080).
Benchmark Job: Job classifications that are common in the labor market, have a clear and consistent definition for purposes of comparison, and for which reliable salary survey data is available.
Compensation Philosophy
Larimer County’s compensation philosophy aims to retain and attract employees who deliver the highest standards of public service to our community. Employees are compensated based on the nature and level of work performed and how well the employee accomplishes the work.
