NYT Revamps Star Compensation
The New York Times is reshuffling the way it rewards its top reporters. Bill Keller says the star system, which offers bonuses “journalists for who have eschewed the perks and bonuses of the management track to remain on the front lines of the newspaper’s journalism,” is being corrupted by, shock!, reporters who stay reporting. Evidently, there’s not enough money for new reporters to be so honored.
Thus, the Times will now only reporters to stay super-reporters for four years at which point they’ll either be reappointed or returned to the general population with a raise.
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