Chicago's City Colleges take charge of leave, insurance ? Business ...

The City Colleges of Chicago has ended its practice of allowing em??ployees to ?cash out? sick days when they quit their jobs. In addition, the community college system has also capped the number of sick days an employee can accumulate at 200.

The policy applies to administrators and nonunion employees hired after Jan. 1, 2012, and is a first change resulting from a comprehensive review of benefits ordered by the school?s chancellor last fall.

In addition, the schools have increased health care co-pays and deductibles to bring them in line with the marketplace. The medical plan changes are expected to save Chicago taxpayers $425,000 in 2012.

?We believe these changes encourage employees to take ownership of their health care, including proactively addressing health concerns and making healthy lifestyle choices,? notes Chancellor Cheryl L. Hyman, who has said more changes are coming.

Contact: Laurent Pernot of City Colleges of Chicago, (312) 553-2607.

Source: http://www.businessmanagementdaily.com/29145/chicagos-city-colleges-take-charge-of-leave-insurance

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