Dow Jones offers ratification bonus to union
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.