The three - year contract, which has an option for a fourth year and which awaits a ratification vote by the 29,000 - member Chicago Teachers Union, calls for an average 17.6
percent pay raise over four years and some benefit improvements.
After 16 months of tense negotiations that included a two - week strike last year, unions representing 45,000 Verizon employees announced tentative new contracts that call for an 8
percent pay raise over four years while requiring workers to pay more for health coverage.
Not exact matches
Cohen is also at the center of a huge debate unfolding right now about
raising the minimum wage, and the low
pay of service workers in the restaurant industry, where employment has increased 72
percent since 1992, compared to job growth of 22
percent in higher -
paying private sector employment
over the same time period.
Further, 80
percent of employees would prefer add - on benefits
over a
pay raise.
According to Bentley's recent survey, while the vast majority of millennials surveyed found a company's ethics to be very important, 79
percent said they expected a salary increase every year and 77
percent said they value a
pay raise over a promotion.
Members of the Transport Workers Union got a total of 19
percent in
pay raises between 2009 and 2016, compared with 12
percent for the city's teachers union
over the same period.
They decided to go on strike after state lawmakers passed a bill to
raise pay for teachers and other public employees by 4
percent over three years while imposing higher health care premiums.
The bitter tug - of - war
over Denver's performance -
pay plan has ended with the teachers» union and the school district reaching a compromise agreement that includes a 3
percent pay raise for all teachers and higher starting salaries.
West Virginia teachers made $ 45,555 a year in 2016 - 17, have seen their inflation - adjusted
pay fall
over time, and sought a modest - sounding five -
percent raise.
If the standard were to
pay teachers an extra 1
percent of salary when they
raise test scores by 2.5
percent of a standard deviation, then highly experienced teachers who post a 25
percent test - score advantage
over rookies should be
paid a 10
percent premium.
In 2014, parents of students at Horace Mann Elementary School in Northwest Washington, D.C., spent
over $ 470,000 of their own money to support the school's programs.1 With just under 290 students enrolled for the 2013 - 14 school year, this means that, in addition to public funding, Horace Mann spent about an extra $ 1,600 for each student.2 Those dollars — equivalent to 9
percent of the District of Columbia's average per - pupil spending3 —
paid for new art and music teachers and classroom aides to allow for small group instruction.4 During the same school year, the parent - teacher association, or PTA,
raised another $ 100,000 in parent donations and collected
over $ 200,000 in membership dues, which it used for similar initiatives in future years.5 Not surprisingly, Horace Mann is one of the most affluent schools in the city, with only 6
percent of students coming from low - income families.6
For teachers who are at the bottom and currently making $ 30,800, McCrory's plan would be close to a 14
percent pay raise for beginning teachers
over two years.
With an average salary of $ 76,000 (not including employee benefits or pensions), Chicago teachers were already among the highest
paid in the nation and the new deal included a 7
percent raise over three years, with additional
raises for experience and education.
One of the biggest sticking points was
over teacher
pay; the compromise offers public school teachers an average seven
percent raise.
In addition to the
pay raises — 20
percent over five years — the pact streamlines grievance procedures and calls for a redoubled commitment to teacher professional development.
The seller of the 25
percent Hilton stake — for which HNA
paid a premium of almost 15
percent over the going price for Hilton shares — was the same firm that sold Strategic Hotels to Anbang: the giant U.S. investment house Blackstone Group, which took Hilton private in 2007 and then took it public with an IPO in 2013 that
raised $ 2.3 billion.
Other moves to
pay for the plan include increasing building and facility rentals, increasing ancillary revenue, and increasing fund -
raising revenue by an average of $ 1.2 million, or 25
percent, annually
over the next five years.
For EB - 5 deals marketed through these agents, developers can expect to
pay a fixed rate of interest, or preferred return on capital
raised, of 5 - 8
percent annually
over the five - year expected life of the investment.