Powerful NYC principals’ union to get 16.7% pay increase in new 5-year pact: Adams

thtrangdaien

Powerful NYC principals’ union to get 16.7% pay increase in new 5-year pact: Adams

The city’s powerful principals’ union has secured a lucrative new contract that is expected to raise members’ wages over the next five years by nearly 17%.

Mayor Adams announced the tentative agreement with the Council of School Supervisors and Administrators — which represents 6,400 principals, assistant principals, supervisors and education administrators — during a speech at the union’s annual leadership conference Saturday at the New York Hilton Midtown.

The package – which is retroactive to Jan 29 and runs until March 29, 2028 – includes annual increases of between 3% and 3.5% which amount to 16.77% when compounded over the duration of the agreement.

It also provides other sweeteners, including a $3,000 confirmation bonus to all members.

The city has budgeted $500 million to cover the deal through mid-2027, officials said.

It was not immediately clear how much it would cost to cover the entire contract.

“This administration will always stand with working people,” Adams said.

The city’s powerful principals’ union has secured a lucrative new contract that is expected to raise members’ wages over the next five years by nearly 17%. Kevin C. Downs for the NY Post Mayor Eric Adams announced a tentative agreement with the Council of School Supervisors and Administrators – which represents 6,400 principals, assistant principals, supervisors and educational administrators — while speaking at the union’s annual leadership conference on Saturday at the New York Hilton Midtown. Kevin C. Downs for NY Post The package – which is retroactive to January 29 and runs through March 29, 2028 – includes annual increases ranging from 3% to 3.5% which is a total of 16.77% when compounded over the term of the agreement. Kevin C. Downs for the NY Post

See also  Sommer Ray Ditches Her Top As She Basks In The Sun

“I know how hard our educators work on behalf of all New Yorkers, and we will make sure our union members get the wages, rights and respect they deserve.”

The deal still falls short of the salary increases and bonuses that members of the United Federation of Teachers received from Adams in June.

The $6.4 billion labor contract will increase teacher pay over the next five years by up to 20%

The agreement must still be ratified by CSA members.

Categories: Trending
Source: thtrangdai.edu.vn/en/