November 03, 2008
Raises amid plans for possible layoffs
While New York City agencies are making plans for possible layoffs in the future, the city is locking down new contracts with its largest unions.
On Friday, the city announced it had reached a tentative agreement with its corrections workers increasing their pay almost 10 percent over two years, Crain's New York Business reports:
The contract includes 4% wage increases in each of the next two years. Along with other compensation increases, the agreement amounts to a nearly 10% increase in compensation for corrections officers and will raise the maximum salary to $76,488.
The corrections union deal follows a pattern established between the city and other uniformed employees.
Today, the city is expected to announced a tentative deal with District Council 37, according to the Daily News (here).
Meanwhile, the New York Post reports:
The city is preparing layoff lists in case revenues collapse next year as the economy deteroriates...The emergency contingency plan marks a dramatic shift for Mayor Bloomberg, who told reporters on Sept. 24, "I don't think that the cuts that we have to do to get this budget in balance are of the magnitude where we would have to lay off people."
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