Costing the Contract (LR352)

School of Industrial and Labor Relations at Cornell University
Location: 
New York, New York
Event Date: 
Thursday, February 25, 2016 to Friday, February 26, 2016

Participants learn and practice creating a collective bargaining cost-sheet and adjusting it based on the ebb and flow of negotiations. This workshop builds upon the bargaining cost-out module from LR201 Preparation for Collective Bargaining:

Key Topics

  • Create the bargaining unit cost with rollup calculation
  • Project the cash and rate implications of differing wage increases or decreases
  • Cost out economic and non-economic proposals
  • Describe the difference between valid and invalid assumptions
  • Understand the interaction between cost-out and other budget documents
  • Practice the collective bargaining implications of various costing decisions
  • Understand how to organize and use data to answer various costing related questions in bargaining

The program will give participants the ability to be agile in understanding the cost consequences of various decisions made during bargaining.