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Focuses on the concepts and techniques for determining the value and cost of employer and union proposals, and the terms of the contract settlement.
This Academy will cover techniques and approaches to costing, as well as provide you with the tools to be better prepared at the bargaining table to successfully argue and negotiate your positions. Through the use of interactive discussion and exercises, participants will explore alternative methodologies and identify key financial components, including hidden and often overlooked elements of a labor agreement, in order to accurately determine the actual total cost to your jurisdiction.
Topics include common costing definitions, types of data, 1% of pay, demographics, total package costing, and resources available. Costing exercises on wages, including progression and steps, vacation and holidays, health insurance, productive and non-productive hours and tentative agreements.
This academy is must for Labor Relations practitioners, HR staff, financial team and other support staff involved in costing out proposals and collective bargaining agreements.
Breakfast and lunch to be provided.