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A rapidly changing labor and business dynamic is forcing employers to change how it compensates employees, how work is done and who does it. The tight labor market, rising and changing employee expectations, technology and an uncertain business environment are coming to a head just in time for your next round of bargaining.
Labor relations professionals need the knowledge and skills to help employers think differently about compensation, benefits, other rewards and work rules and how to cost out changes in the dynamic environment of union management negotiations.
Get ready in this practical and comprehensive course necessary for anyone at or supporting collective bargaining. Key topics include.
- How to analyze the true nature of an employer’s labor issues and how to address them. Can the employer not find employees, or are recruits rejecting their offer? What factors induce an employees to join, decline, stay or leave at your work place?
- What is the true cost of employee turnover and lack of labor, including the direct and indirect costs of hiring and on-boarding, as well as the impact on production/service-delivery and the future viability of the organization?
- How to cost out the current CBA, including wages, benefits, time off and work rules that limit or advance flexibility, productivity, efficiency, work-life balance, employee well-being and desire to work for the organization.
- Understanding the true nature of the employer and employee needs, expectations and proposals in the next round of bargaining and how these impact the viability of the enterprise and willingness of employees to join, stay and work.
- Examining different ways to alter compensation, benefits, time off and work rules to meet employer and employee needs and how to cost-out these changes to understand their true impact, including on the employer’s non-represented work force.
Key outcomes
- Learn how to cost-out your current CBA, bargaining demands and proposals such as compensation, benefits, time off, and other work rules.
- Understand the true needs and expectations of employers, employees and how that impacts bargaining.
- Work-shop creative ways to address problems facing employers and employees in collective bargaining and be able to quantify and compare various alternatives
Who should enroll
- Labor relations, human resource, operations, and finance professionals who represent or support management in collective bargaining and negotiations.
- This course is essential for labor relations professionals who are looking to refine their compensation philosophy and strategies to attract and retain a robust workforce, while also rethinking work systems, processes, and rules to optimize productivity and employee satisfaction. With a blend of theoretical knowledge and practical exercises, participants will emerge with a deeper understanding and a set of practical skills that are immediately applicable in their professional roles.