The Nashville Symphony and the Nashville Musicians Association, AFM Local 257, have ratified a new four-year contract. The agreement, which goes into effect immediately, provides for 3-percent increases to the musicians’ salaries during the first two years of the contract. A “wage re-opener” in the contract provides for the negotiation of wages for the third and fourth years of the agreement.
Over the next two years, the contract will restore 6 percent of the musicians’ wages, following a 15 percent reduction in the musicians’ pay in the previous contract, which expired on July 31, 2014.
This agreement comes immediately following a record-setting season for the Nashville Symphony, during which the organization broke institutional records for ticket sales and fundraising. During the 2013/14 season, the Nashville Symphony sold 166,000 tickets and generated $8.6 million in revenue — a 26 percent increase in ticket sales from the previous season. In addition, the organization raised more than $6 million in its annual fundraising campaign, an increase of 71 percent from the previous year.