On May 1, 2014, New York City Mayor Bill de Blasio announced a deal with the city's largest teachers' union, raising wages by 18 percent over a nine-year period, according to an article in The New York Times. The deal would be in exchange for a $1.3 billion reduction in health care costs. The agreement includes $3.4 billion in back pay and must be ratified by the union's 100,000 members.
The deal ended a five-year stalemate, which was set by de Blasio's predecessor, Michael Bloomberg, who urged pay freezes and other measures.
The Times reported that Mayor de Blasio stood next to the union's president, Michael Mulgrew, while unveiling the plan.
"This is a mayor who actually respects the workforce," said Mulgrew in the article.
Read more here.
Article by Kassondra Granata, EducationWorld Contributor
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