The cost of a labor contract involves more than just wages. This one-day course will present the theory, mechanics and formulas for costing a collective bargaining agreement. This course will help participants understand the true cost of wages, benefits and contract language, as well as to obtain a better appreciation of the value of labor agreements.

From costing basic percentage wage increases to calculating the roll-up costs of wage-based benefits, participants will have the opportunity to put their knowledge into practice using real-world examples and hands-on exercises.

This course is most beneficial for active members of the negotiating team, including chief negotiators, finance personnel assigned to negotiations, benefits personnel assigned to negotiations and members of negotiating team who will be sitting at the table.

Cancellation Policy: Registrants who notify the Association of their inability to attend a training course for which they have previously registered and paid will receive their choice of either a full refund of their registration fee or a credit toward a future HR Policy Association course for the same amount, if written notice is received by the Association 10 or more calendar days in advance of the event. If written notice is received fewer than 10 days in advance of the course, either a substitute participant may attend or 50 percent of the paid registration fee will be credited to the member’s account toward a future HR Policy Association course.  Registrants who do not provide advance written notification of their inability to attend an event will be ineligible for a credit, refund, or substitution. All crediting and refunds are processed following the close of each event.