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Understanding Construction Salary Guide Impact on Negotiations: WTEA Insights

Explore the WTEA's base salary and increment costs, the impact of state laws, potential losses, and proposed changes affecting salaries, health benefits, and more. Learn about the implications of the 2% cap on labor costs and how it affects teacher salaries in Monmouth County.

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Understanding Construction Salary Guide Impact on Negotiations: WTEA Insights

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  1. Salary Guide ConstructionandHow it ImpactsYou By: WTEA Negotiations Team

  2. Base Salary Total amount of all WTEA members salaries added together. WTEA as of 2009/2010 Contract = $31,610,237.00

  3. Increment Cost The price of moving each person up one step on the salary guide. Example: Step 14 = $64,450 Step 15 = $66,770 Increment = $2,320 %Increase = 3.6%

  4. Last Contract Settled at 4.25% What Happened: The 4.25% is a percentage of the base, not individual salaries. Each step will have a slightly different increase with the higher increases going to the top of the guide. More people moving up means a higher increment cost, which means less of a salary increase on the overall guide.

  5. Covering Increment Costs All BARGAINING UNITS: 2.1% next year 2.2% following year Means that the top stays the same, which impacts all of our retirements.

  6. Around the State Impact of State Laws: 2% cap on total increase of total budget. State has reduced contribution to public schools. Wall lost over 3 million dollars this past year. 2010/2011 budget is slightly lower than 2009/2010.

  7. In the Works • State of NJ Legislation Proposals: • $15,000 cap on sick/vacation reimbursement. • Approval of all contracts by County Superintendent. • Contract Imposition – “Last Best Offer” by BOE. • Paying 30% of Health Care Premiums. • 3% pension contribution increase. • 2% cap on Labor Costs. • Salary (including Longevities) • Health Care • Extra Curricular Activities • Other Stipends • Tuition Reimbursement • PD Reimbursement

  8. Potential Loss of Salary • Average Teacher Salary in Monmouth County = $61,230 • 1.5% of Salary for Health Benefits: $918.45 • Potential Losses: • 30% toward Health Care Premiums: $5,715.22 • NJ Direct 10 Family Coverage • With separate prescription card for 2011 • Additional Money towards Health: $4,796.77 ($5,715.22-$918.45) • 3% Increase in Pension Contributions: $1,836.90 • From 5.5% to 8.5% of Salary $6,633.67 additional Money coming out of your pay check

  9. Impact of 2% Cap Labor Cost

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