NYT Contract Negotiations 'Slightly Less Offensive'
The Newspaper Guild of New York says that the latest proposal from New York Times management is “slightly less offensive” but still retains a number of key provisions the Guild is unhappy about: frozen pension accruals, cuts to severance pay, and overtime paid on a weekly basis rather than a daily basis.
The paper’s current contract with its newsroom expired in 2011 and negotiations have been continuing since then.
The management did mention pay raises, though: a raise for this year (2012) of one percent upon contract ratification and a one-percent bonus in 2013.
“Guild members are angry over huge executive severance packages, alleged secret bonus plans and secret pension plans for top managers,” guild president Bill O’Meara said in a memo.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in