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Board discusses two proposals to buy out accumulated paid leave; asks finance staff for cost analysis
Summary
Central Consolidated Schools staff presented two possible models to buy out accumulated paid leave for departing employees; the board asked for a cost analysis and details on how the policy might offset substitute costs and affect budgets.
Central Consolidated Schools staff presented two draft proposals for a paid-leave buyout program that would compensate employees when they leave the district for accrued sick leave beyond a threshold.
Assistant superintendent (presenter) Leslie Amrine (presentation identified in record) described two options for the board's consideration. Option A would apply to employees who have more than 55 sick days and who have worked at least 10 years with the district; it would pay 20% of the employee's daily rate for days in excess of 55, up to…
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