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The Costing Mindset in Collective Bargaining

May 25 @ 1:00 pm - 2:00 pm EDT

Free

The Costing Mindset in Collective Bargaining

Charlie Francis, Government Finance Executive Consultant
James Orr, Director of Product
Date: May 25, 2022
Time: 1:00pm – 2:00pm EST

In Canada, there are approximately 200-300 municipal corporations with a population of 10,000 or more. Most of the public sector workers employed by these municipal governments are covered by a collective bargaining agreement. When it comes to labour negotiations, costing labour contracts is critical. Long gone are the days of generalized estimates related to labour costs. In today’s contract negotiations, labour groups are analyzing public agency resources and expenses to determine the ability of an agency to increase compensation and benefit costs during the meet and confer process. In addition to labour groups, elected officials are expecting greater transparency and more detailed information regarding costing. The impacts of Memorandum of Understanding (“MOU”) provisions on current and future costs (including unfunded liabilities for items such as leave cash outs) are part of the conversation by elected officials in closed sessions. Providing accurate information enables better decision making for both short-term and long-term financial impacts.

Details

Date:
May 25
Time:
1:00 pm - 2:00 pm EDT
Cost:
Free