The management of the New York Philharmonic Orchestra has announced that the members of the orchestra will be able, from September, to receive their salary again at the level of what it was before the health crisis. In December 2020, they had however accepted a 25% reduction in their remuneration for 4 years due to the financial difficulties encountered by the institution.
The management of the New York Philharmonic salutes the investment and cooperation of the musicians
In December 2020, in the midst of a year and a half of inactivity due to the Covid 19 crisis, the staff members of the New York Philharmonic Orchestra (NY Phil) had agreed, like those of other major American orchestras, a reduction (25%) in their salaries until the end of the 2023 financial year and a gradual return to normal during the year 2024. The good surprise came 2 years earlier with the announcement by management on Monday of the restoration of pre-crisis wages from September.
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A decision that was possible thanks to savings made, federal grants and loans, donations received (+ 11%) and good box office receipts since the reopening of the institution last September, which made it possible to make up for the shortfall in earn $27 million caused by the health crisis. Deborah Borda, the president of NY Phil held, in a statement to greet the musicians ” for their investment and cooperation as we worked together to navigate through a time of great uncertainty.”
The David Geffen Hall will reopen well this fall
In addition, the consequences of the health crisis, the New York Philharmonic has had to manage other sensitive issues, starting with the renovation of David Geffen Hall, which the orchestra will be able to reinvest next fall, 2 years in advance. on the deadline initially set and, above all, the future departure of its musical director. Jaap van Zweden, very affected by the health crisis, announced in September 2021 that he will leave his post at the end of the 2023/2024 season.
Philippe Gault
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