OLD Media Moves

Bloomberg Industry union wins arbitration against company

Bloomberg Law reporter Fatima Hussein sent the following email to Guild members who work at Bloomberg Industry Group:

Dear Colleagues,

In great news for workers, today the Guild learned that its arbitration request over several titles that have been excluded from Guild-eligible membership is moving forward.

An arbitrator decided that our complaint that roughly 27 Bloomberg Industry Group employees are being excluded from Guild protections and are instead labeled salaried workers ins in fact timely, and we can proceed with our case against the company.

Excluding titles is how employers undermine the strength of the union. We have seen in other work places how management seeks to classify positions that would otherwise be Guild-covered to be exempt. This means those employees lose their strong Guild-negotiated benefits such as protection from unfair discipline, pay increases, and severance rights.

While we celebrate this development and will diligently prepare for arbitration, we hope the company will take into account then tens of thousands it spends on this grievance, which could instead be used on worker pay, hiring more quality employees and most importantly, honoring our collective bargaining agreement.

On our end, this victory was not free  We were only able to afford to fight for you because of union dues. Thank  you to everyone who is a dues paying member. If you’re not, please consider signing up. The job we save may be yours.

The union has several outstanding arbitration requests with the company, including grievances over the heinous way copy editors were laid off, the manner in which sick leave was taken from pension-eligible workers who lost hundreds of hours during the Covid-19 pandemic, and others.

In each of these instances, the company has stated our grievances were not timely and/or arbitrable. Hopefully this decision will show the company that it cannot merely dismiss the valid grievances of workers, as an arbitrator of justice will recognize our claims.

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.

Recent Posts

Dynamo hires former Business Insider executive editor Harrington

Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…

2 days ago

Bloomberg TV hires Kerubo as desk producer

Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…

2 days ago

Jittery CNBC staff reassured by new boss

In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…

2 days ago

Making business news accessible to a wider audience

Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…

2 days ago

Rest of World hires Lo as China reporter

Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…

2 days ago

Bloomberg rises to No. 7 biz news website

Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…

2 days ago