IGFOA On-Demand Webinar | The Hidden Costs of Collective Bargaining Agreements
- Members $ 20.00 Before Nov 16, 2022 Members $ 20.00
- Government / Partner Colleagues $ 20.00 Before Nov 16, 2022 Government / Partner Colleagues $ 20.00
- Non-members $ 40.00 Before Nov 16, 2022 Non-members $ 40.00
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Wages and insurance are obvious cost drivers with any collective bargaining agreement. While negotiations often focus on these items, there are numerous other issues that can create hidden costs in any collective bargaining agreement. A management-friendly bargaining agreement will include language that lets you effectively manage overtime, reduce and prevent sick leave abuse, and avoid legacy costs such as wage and benefit spikes at the end of an employee’s career. This session will discuss some of the hidden costs in collective bargaining agreements, calculate those costs, and identify sample bargaining agreement language.
Learning Objectives: Participants completing this session will be able to:
1. Identify potential hidden costs in a collective bargaining agreement.
2. Recognize good contract language to reduce those hidden costs.
3. Avoid bad contract language that could make it more difficult for an employer to control costs.
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Illinois Government Finance Officers Association, 800 Roosevelt Road, Building C, Suite 312, Glen Ellyn, IL 60137
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