Contract Extension Ratified
IAPE members at Dow Jones locations across North America have voted to accept an extension of their previous contract through June 30, 2015.
With more than 96% of ballots cast in favor of the extension, IAPE members opted to approve a deal that will preserve all current terms and conditions of employment for another year and increase wages by no less than 2% for Union-represented employees.
Introductory pay scales will increase by 1% and the minimum-dollar pay increase for full-time employees will be set at $20 per week.
The ratification vote was open to all Dow Jones employees covered by this contract who were members in good standing as of July 15, 2014. The election was administered by TrueBallot Inc.
While 1,301 members were eligible to vote, only 465 ballots were cast before today's 12:00 PM EDT deadline, with a final tally of 448 votes in favor of the extension, and 17 opposed to the deal.
IAPE-represented employees in the Dow Jones payroll department will now begin the task of processing pay increases for Union-represented . . .