An Act Concerning The Compensation Of State Board Of Mediation And Arbitration Arbitrators.
If enacted, HB 05068 will amend the existing section 31-98 of the general statutes, establishing a more predictable and standardized compensation scheme for arbitrators. By delineating exact compensation amounts for the first and subsequent days of hearings, the bill seeks to ensure that arbitrators are adequately compensated for their time, which in turn can enhance the quality and efficiency of arbitration proceedings. This could potentially impact labor relations, as the change in compensation may attract a more experienced pool of arbitrators.
House Bill 05068 aims to revise the compensation structure for the State Board of Mediation and Arbitration arbitrators. With an intention to streamline the pay rates, the proposed bill sets specific daily compensation for arbitrators overseeing proceedings. This bill was initiated with the goal of ensuring that arbitrators are compensated at a consistent rate for each day they engage in arbitration processes. Adjustments in pay scale are outlined to reflect changes over time, with specific amounts denoting compensation for single versus panel arbitrators.
While the bill aims to improve the compensation framework, there may be concerns regarding its financial implications for the budgetary allocation for the state board. Critics might argue about the affordability of increased pay for state arbitrators and whether it aligns with the current economic climate and priorities of the state. Additionally, while the aim is to standardize compensation, there could be disputes over the appropriateness of the set amounts, especially in relation to the prevailing pay standards for similar roles in the public and private sectors.