OLD Media Moves

Dow Jones offers ratification bonus to union

October 30, 2019

Posted by Chris Roush

Dow Jones & Co. has offered a ratification bonus of 0.5 percent of an employee’s salary to the union representing many of its workers.

The parent company of The Wall Street Journal, MarketWatch.com and Barron’s is still offering a salary increase of 2 percent in 2019 and 2020 and 2.25 percent in 2021.

The union has asked the parent company for raises of at least 3.25 percent over the next three years. The raise requests are 3.25 percent for 2019, 3.5 percent for 2020 and 3.75 percent for 2021.

The union and the company are at the bargaining table again on Thursday. The contract extension expires on Thursday.

Read more here.

Subscribe to TBN

Receive updates about new stories in the industry daily or weekly.

Subscribe to TBN

Receive updates about new stories in the industry.