NYC Teachers Union and City Leaders Agree on 5-Year Contract with $6.4B in Raises

New York City has reached a tentative five-year contract deal with the United Federation of Teachers, which includes annual raises, expanded virtual learning opportunities, and remote work for certain employees. The deal proposes 3% wage increases for the first three years, followed by 3.25% in the fourth year, and 3.5% in the fifth year. The contract would also cut in half the amount of time it takes teachers to reach a $100,000 salary, expand a pilot remote learning project, and allow some workers to work remotely for up to two days a week. The deal is not yet final and will be voted on by union members.