Fiscal Note
Wages
The total cost for the proposed wage increase, over the life of the contract, is $1.4 million. This calculation includes permanent wages, overtime (including compensated absences), premium pay, and benefits. The table below shows the cost by year and by expenditure type.
2020 Cost 2021 Cost Cumulative
Permanent Wages 775,317 305,614 1,080,931
Overtime 20,307 20,561 40,868
Premium Pay 67,731 68,578 136,309
Benefits 124,323 56,844 181,167
TOTAL 987,678 451,597 1,439,275
The 2020 portion of the pay increase was anticipated in the 2020 Adopted Budget. No additional appropriation is required.
Premium Pay Adjustments
The proposed contract also includes modifications to various premium pays for Teamster staff. These changes are not anticipated to have a significant fiscal impact and can be absorbed within Metro’s existing premium pay budget.
Title
Adopting and confirming the Labor Agreement between the City of Madison and Teamsters Union Local 695, affiliated with the International Brotherhood of Teamsters, for the period January 1, 2019 through December 31, 2021.
Body
DRAFTER’S ANALYSIS: This resolution adopts and confirms a three-year Labor Agreement between the City of Madison and Teamsters Union Local 695, affiliated with the International Brotherhood of Teamsters, for the period January 1, 2019 through December 31, 2021.
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The Common Council of the City of Madison do hereby ordain as follows:
The Labor Agreement between the City of Madison and Teamsters Union Local 695, affiliated with the International Brotherhood of Teamsters, for the period January 1, 2019 t...
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