In Saturday’s (9/5) Charlotte Observer (North Carolina), Steven Brown reports, “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 savings from the revised contract are part of a turnaround plan that includes broadening the orchestra’s programming and audience, cultivating new donors, making further cost savings and expanding its endowment. By taking the pay cut, the players help give the orchestra time to do all that, [violinist Elizabeth] Pistolesi said.”

Posted September 8, 2009