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DESCRIPTION:Wages and insurance are obvious cost drivers with any collectiv
 e bargaining agreement.  While negotiations often focus on these items\, t
 here are numerous other issues that can create hidden costs in any collect
 ive bargaining agreement.  A management-friendly bargaining agreement will
  include language that lets you effectively manage overtime\, reduce and p
 revent 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.\nLearning Obje
 ctives:  Participants completing this session will be able to:\n1. Identif
 y potential hidden costs in a collective bargaining agreement.\n2. Recogni
 ze good contract language to reduce those hidden costs. \n3. Avoid bad con
 tract language that could make it more difficult for an employer to contro
 l costs.\nSpeaker:  Benjamin Gehrt\, Clark Baird Smith LLP\nIntended Audie
 nce: Finance Professionals\, including Park Districts\, Libraries and Spec
 ial DistrictsDelivery Method: Internet BasedProgram Level: OverviewPrerequ
 isites: No prerequisites requiredAdvanced Preparation: No advanced prepara
 tion requiredField of Study: Finance - TechnicalNASBA CPE: Earn About 1.0 
 CPE credit
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SUMMARY:The Hidden Costs of Collective Bargaining Agreements
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