During a recent government meeting, concerns were raised regarding employee compensation and retention within local economic development roles. The chamber director, who also serves as the local economic development officer, highlighted the challenges faced due to stagnant wages and the need for competitive salaries to retain staff.
Earning an annual salary of $55,000, the director pointed out that this effectively translates to $27,500 per role, as they juggle two positions. They noted that there has been no pay raise in two years, which has compounded the difficulty in maintaining a motivated workforce. The director provided specific examples of current staff salaries, revealing that the media specialist earns $17 per hour, while other part-time employees, including those involved in economic development and housing, earn between $16 and $16.50 per hour.
The director expressed frustration over the inability to offer full-time positions and associated benefits, which are crucial for attracting and retaining talent. They emphasized the importance of being able to keep pace with neighboring Owen County's economic initiatives, stating, \"We've been working really hard, but now things are picking up.\" The director's comments reflect a broader concern about the sustainability of local economic development efforts in the face of financial constraints and the need for improved employee support and compensation.