The lump sum payment would be based on a person’s base salary. For a personal making $100,000, the payment would be $250.
The union earlier asked Dow Jones & Co. for a 15 percent pay hike in the first year of a new deal to make up for inflation. Bargaining will resume on Tuesday.
The IAPE 1096 also called for a cap of three mandatory in-office working days for the life of the contract, and proposed new contract language defining book and other derivative rights for employee-created work and protections against advancements in artificial intelligence.
A one-year contract expired on June 30. That agreement, covering the period from July 1, 2022 through June 30, 2023, provided a salary increase of 4 percent for all IAPE-represented employees retroactive to July 1, with a minimum raise of $40 per week, as well as a lump-sum payment equal to 1% of pay as of June 30, 2022, with a minimum of $1,000.
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…