After announcing it had reached an impasse in negotiations with the Oconomowoc Education Association, the Oconomowoc Area School District School Board approved a new contract for teachers for the 2015-16 school year.
The new compensation model approved in January this year, sets pay ranges, or bands, at five levels, each with more requirements for leadership, school and districtwide involvement and education, as well as a corresponding higher pay range.
According to the school district, the Consumer Price Index (CPI) currently in effect for base wage bargaining is 1.62 percent. In order to transition into the new compensation model, rather than cap the proposal at that rate, the district offered a 3.1 percent increase in the form of discretionary pay.
This offer allows all educators to receive a pay increase for 2015-16 in one of three methods, depending upon how each educator’s 2014-15 salary compares to the placement band salary range.