
Inflation Impact Initiative
One of the cornerstone issues of my campaign is the Inflation Impact Initiative (III). With the cost of living in New York City skyrocketing due to economic inflation, our wages have not kept pace. That’s why I’m advocating for an immediate 8% raise, which is separate from future annual raises and long-term negotiations. This is a critical response to the financial strain we’re all feeling, from soaring rent and groceries to transportation costs and other essentials.
But the initiative doesn’t stop there. To truly address the inflation we’ve experienced in recent years—most of which our last contract didn’t account for—I’II advocate for yearly III raises: after the initial 8%, we would receive 8% raises for 2 subsequent years, totaling a 24% raise over three years. This approach ensures we continue to close the gap between stagnant wages and the rising cost of living, making this a sustained solution, not just a short-term fix.
here are the Facts
Housing Costs: Rents have jumped by 30% in the past two years in NYC, with many neighborhoods seeing even higher increases. Many employees are now spending over 50% of their income on rent, well above the recommended 30%, placing enormous financial strain on households.
Grocery Prices: From 2022 to 2023, grocery costs in the New York metro area rose by more than 9%, driving up everyday expenses for essentials like eggs, milk, and bread. For many, grocery bills have nearly doubled in just a few years.
Transportation Costs: Even though we work for the MTA, rising transportation expenses still impact us. Gas prices and vehicle maintenance costs have increased, placing additional strain on those who rely on driving to work.
Why the yearly Raises Matter
The 8% immediate raise is essential to provide us with financial relief, but the yearly III raises ensure we close the inflation gap. A 8% raise in subsequent years, helps build long-term stability. By the end of 3 years, we would secure a 24% total raise, which accounts for the inflation that has outpaced our wage growth.
Economic Impact
Increased Financial Security: An employee earning $80,000 per year would see over $19,000 in additional pay after 3 years—helping cover rent, groceries, and other rising expenses.
Supporting Local Economies: More take-home pay means more spending in our communities, boosting local businesses and driving economic growth.
Improved Morale and Retention: This plan signals that the MTA values its workers, boosting morale and reducing turnover by ensuring that wages keep up with inflation.
it’s About Fairness
The Inflation Impact Initiative is not just about getting a pay raise—it’s about fairness and respect for the work we do. We are the backbone of this city, and we deserve compensation that reflects the true cost of living here. By securing this 24% raise, we are taking the necessary steps to prevent falling further behind as the cost of living continues to rise.
Together, we can make this initiative a reality and secure a better future for all Stations employees. Let’s act now to bridge the gap between wages and the true cost of living.
