Barberton teachers’ labor contract set
| By Doug Livingston, The Akron Beacon Journal | |
| McClatchy-Tribune Information Services |
Under the agreement first ratified by the
This increases the base salary of a first-year teacher with a bachelor's degree from
The wage increases follow additional funding from a successful levy and state budget, both passed in 2013.
"Right now our finances are stable," said Superintendent
The five-year forecast, submitted in May, already factored in the potential wage increases. The forecast estimates cash reserves could double in the first four years, from
Cleary thanked teachers for shouldering previous funding shortfalls.
"We're very pleased that we can reward our employees for taking the [pay] freeze," she said.
The board's ratification of the teachers' contract on Monday also increases second-year raises for other employees -- mainly custodians, cafeteria workers, classroom aides and other support staff -- who negotiated a separate contract earlier this year.
Bus drivers, who are members of the
The teachers' contract also encourages cost-cutting behavior on the health care side.
Employees initially will be paying more for premiums, though enrollment in a wellness program that encourages healthy living should reduce rates.
Teachers will also pay a higher deductible for the most costly treatment.
"Urgent care is still fairly low, but it's the emergency room that costs us a lot of money," Cleary said.
The contract also lifts a cap on how much employees contribute to their health care. The school district will continue to pick up 88 percent of costs, but "if our insurance costs go up," Cleary said, "[Employees] will be paying a lot more for it."
___
(c)2014 the Akron Beacon Journal (Akron, Ohio)
<p class="shirttail">Visit the Akron Beacon Journal (Akron, Ohio) at www.ohio.com
Distributed by MCT Information Services
| Wordcount: | 418 |


Greater Akron Chamber picks its ’30 for the Future’
Advisor News
- How much could failure to fund Social Security cost average Americans?
- How can more Americans achieve financial independence?
- Savers vs. spenders: How money management attitudes impact financial confidence
- Demonstrating the value of life insurance to Gen Z
- Poor money habits are a dealbreaker in a new relationship
More Advisor NewsAnnuity News
- Canvas steps into the direct-to-consumer market that has yet to take off
- The next growth phase in life/annuities depends on modernization
- CA judge certifies class action in teachers’ lawsuit over in-plan annuity fees
- Globe Life Inc. (NYSE: GL) Records 52-Week High Thursday Morning
- AM Best Managing Director Joins ‘Target Topics’ Podcast to Discuss State of Delegated Underwriting Authority Enterprises Market
More Annuity NewsHealth/Employee Benefits News
- Covered California rates to jump nearly 10% as thousands struggle to afford coverage
- A Tale of Two Behavioral Health Systems, or How the State Border Determines Who Gets Access to Mental Healthcare
- Recent Findings from Iwate Medical University Provide New Insights into Science (Nonlinear Associations Between Sleep Duration and Incident LTCI Certification in Older Adults: Findings From the Iwate-Kenpoku Cohort Study): Science
- Researchers from Capital Medical University Detail New Studies and Findings in the Area of Managed Care (Factors Contributing To the Enrollment of Ambiguous Medical Insurance Cases: a Retrospective Study At a Tertiary Hospital In Beijing): Managed Care
- Studies from Cornell University Further Understanding of Managed Care (IRA Reforms To Medicare Part D Reinsurance Were Associated With Plan Exits And Higher Premiums, 2024-25): Managed Care
More Health/Employee Benefits NewsLife Insurance News
- USAA introduces Secure Start whole life program for children
- Best’s Market Segment Report: AM Best Maintains Stable Outlook on South Korea’s Non-Life Insurance Market
- Horace Mann Strengthens Customer Relationships and Accelerates Long-Term Growth Through Transactions with Medical Mutual of Ohio
- Regulators: ‘No firm conclusions’ from first offshore reinsurance filings
- Allianz Life Study Finds Americans Struggle to Shift From Retirement Saving to Spending
More Life Insurance News