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October 1, 2014IM -
The musicians of the San Francisco Opera Orchestra have signed a four-year contract that will be in effect through July 2018. The agreement calls for a 14.8% cumulative increase in compensation over the life of the contract: an effective increase of 5% in the annual compensation guarantee in the first year—from $81,179 to $85,279.99—followed by 3% increases in the next three years. Annual compensation will reach $93,187.75 in the fourth year of the agreement. The new contract provides for improvements in many other areas, including long-term disability, retirement bonus, retiree medical, parking, and pit environment.
The agreement also allows for changes to the musicians’ health care plan that will provide savings to the company without sacrificing the healthcare needs of the musicians.
“Having made major concessions in 2011, the orchestra is hopeful that this contract puts us on a path toward recovery,” says Local 6 (San Francisco, CA) member Kevin Rivard, co-principal horn and chair of the negotiating committee.