WSJ union asks for 15% pay hike in negotiations

The union that represents journalists at The Wall Street Journal, MarketWatch.com and Barron’s asked Dow Jones & Co. for a 15 percent pay hike in the first year of a new deal to make up for inflation.

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.

The union also introduced proposals addressing member concerns regarding the coverage of specific health care services including doula coverage, increased mental health coverage, and support for seeking gender-affirming and reproductive care.

The union said that Dow Jones representatives offered no wage proposal and “took exception to IAPE’s wage proposal when the union cited the recent Times Guild and New York Times agreement as a benchmark.”

Read more here. Negotiations will continue next week.

Chris Roush

Chris Roush was the dean of the School of Communications at Quinnipiac University in Hamden, Connecticut. He was previously Walter E. Hussman Sr. Distinguished Professor in business journalism at UNC-Chapel Hill. He is a former business journalist for Bloomberg News, Businessweek, The Atlanta Journal-Constitution, The Tampa Tribune and the Sarasota Herald-Tribune. He is the author of the leading business reporting textbook "Show me the Money: Writing Business and Economics Stories for Mass Communication" and "Thinking Things Over," a biography of former Wall Street Journal editor Vermont Royster.