Facing debt that could equal $20 million by 2013, musicians and management staff from the Atlanta Symphony Orchestra met yesterday in hopes of reaching an agreement over potential pay cuts for the organization.
In a current proposal offered by the Atlanta Symphony Orchestra Players’ Association, the musicians have offered to cut their compensation by 11 percent. But their sacrifice comes with a caveat: They want the orchestra’s senior management staff to take an equal pay cut.
“We have offered to reduce the size of the orchestra, reduce the individual compensation of musicians, reduce the number of work weeks, and share health care costs with. Our comprehensive solution calls for the staff to share the reduction with us in the coming seasons to help stabilize the future of this great orchestra,” cellist and ASOPA President Daniel Laufer said in a statement posted on Access Atlanta.
via The Huffington Post | Full News Feed http://www.huffingtonpost.com/2012/08/16/atlanta-symphony-orchestra-pay-cuts_n_1790177.html