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.

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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.