Categories: OLD Media Moves

Fast Company staffers ratify first contract

Fast Company magazine staffers have voted to ratify their first union contract.

The contract calls for salary minimums for every position. The minimum salary is now $50,000. Some union members will be getting raises of as much as 26 percent.

The magazine will also now match 401(k) contributions, and the contract also provides for regular, across-the-board salary increases or bonuses.

“We want to thank management for recognizing our unit quickly and negotiating in good faith,” the union said in a statement. “This process has made our whole company stronger.”

The contract also provides for up to four weeks vacation and the ability to roll over vacation days from year to year. Staffers will also receive up to 45 sick days.

The magazine agreed to recognize the union representing workers last July.

The workers voted in June 2018 to unionize with the Writers Guild of America East. A “clear majority” of Fast Company‘s 40 editorial, social and photo staffers signed union cards to make the Writers Guild their collective-bargaining representative, the union announced at that time.

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.

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