The renegotiated contract will save the orchestra $700,000 this season; base pay shrinks more than 19%.
By Steven Brown
sbrown@charlotteobserver.com
Posted: Saturday, Sep. 05, 2009
For the second time in two years, the Charlotte Symphony’s musicians have taken a pay cut meant to help fight the orchestra’s financial crisis.
The players will give up more than 19 percent of this year’s pay in a renegotiated contract they ratified Thursday and the orchestra’s board approved Friday. They sacrifice five weeks of work this season and accept a cut in weekly pay.
The revised contract will save the orchestra about $700,000 this season, said Jonathan Martin, orchestra executive director.
“The musicians have again agreed to be a partner in restoring the financial integrity of the symphony,” Martin said Friday.
When the orchestra goes back to work next week after its summer hiatus, the players’ base pay will be $975 a week rather than $1,050. Through June, they’ll work 33 weeks rather than 38.
In agreeing to the cut, the players were being “very realistic,” said violinist Elizabeth Pistolesi, chair of the players’ negotiating committee. “It’s in everybody’s best interest to survive as an organization.”