After Two-Year Dispute, Reuters Votes On New Contract

Reuters journalists, technicians, and other members of the Newspaper Guild of New York voted today to accept a new three-year contract with Thomson Reuters Corp.

The agreement provides for 1.5 percent raises for each of the next three years, restores a company 2 percent retirement account contribution, and will give each of the 430 Guild-covered employees a lump sum payment “to settle charges at the National Labor Relations Board and in exchange for accepting some work rule changes.”

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