Session 29: Closing Time
/It’s the final day of our contract extension and we expect the focus at the table today to be on the cost of living adjustment, the level of annual compensatory increases for the final two years of the contract and the amount of the ratification bonus for year one.
Yesterday Dow Jones proposed including a new component to our compensation package for the final two years of the agreement—lump-sum payments tied to the funding level of the company performance component of the management bonus pool. We have offered a counter to the company’s proposal and will have further negotiation on that today as well.
We have been crunching the numbers and think we are close to a deal that our members deserve. And we have made it clear that we can’t settle for less.
Show your support on social media for the bargaining committee today. Here’s some suggested language to show solidarity:
“Proud @IAPE1096 member sending solidarity and strength to our bargaining committee today on the final day of our contract extension. Quality news deserves a quality contract. #IAPEstrong”
“Standing with our @IAPE1096 bargaining committee today. We are the capital @DowJones. And we deserve a quality contract. #IAPEstrong”
“@IAPE1096 is back at the table today, the final day of our contract extension. We demonstrated this week why now is the time for a fair deal on wages from @DowJones. #IAPEstrong”