Colorado Symphony musicians to take 12.5 percent pay cut

Posted on: September 23, 2009

Wednesday’s (9/23) Denver Business Journal reports, “Colorado Symphony Orchestra musicians have agreed to a 12.5 percent pay cut and up to four weeks of unpaid leave as the orchestra copes with the economic downturn. The cuts are included in the new contract between musicians and the Colorado Symphony Association, announced jointly Tuesday. The contract covers that 2009-2010 season, already under way, and the 2010 summer season. … The contract also calls for employer contributions to the musicians’ retirement fund to be suspended. ‘The musicians of the Colorado Symphony Orchestra are making extraordinary sacrifices,’ Kevin Duncan, chairman of the Symphony Association Board of Trustees, said in the joint statement. ‘Those sacrifices underscore the dedication of the musicians to maintaining the superb quality of the Orchestra and their commitment to the community. On behalf of Symphony Association trustees, I want to thank the musicians for the spirit of cooperation they brought to the discussions that led to this agreement. It was truly a collaborative effort.’ ”

Photo: Jeffrey Kahane conducts the Colorado Symphony Orchestra

Posted September 23, 2009