You’re Getting a Raise . . . Soon
/Can you believe it’s July already? Halfway through 2025. The heat of the summer has begun. A new fiscal year for Dow Jones. And you’re getting a pay increase.
Soon.
Frequent readers of the collective agreement between IAPE and Dow Jones can tell you that negotiated, mandatory pay increases take effect on July 1 of each contract year. Longtime IAPE members will recall there is always a short delay until those raises appear on bi-weekly pay statements and in bank accounts. The same is true this year.
Dow Jones has informed IAPE that pay increases required under the terms of the IAPE/DJ contract will be processed and paid on the Aug. 7 pay date. Deposits delivered that week will also include a small amount of retroactive pay for deposits processed on July 10 and July 24.
The 2025 compensatory increase—our negotiated percentage pay raise—is 3.75%. While the collective agreement describes three forms of mandatory annual pay raises, the compensatory increase is applicable to the majority of IAPE-represented employees.
The 2025 minimum-dollar raise is $56.25 per week ($112.50 bi-weekly), a sum that is determined by applying the compensatory percentage to a negotiated threshold of $1,500 per week. Any IAPE-represented employee eligible for a 2025 raise must receive a pay increase of at least $56.25 per week.
IAPE-represented employees paid within the introductory pay scale for their title will likely benefit more from a scale increase. Minimum pay scales for 2025-26 are listed in the Pay Tiers and Minimum Pay Scales document (see page 2 for 2025-26 scales). To be eligible for a scale advancement, an employee paid according to the introductory scale for their position must have been working in their title since Dec. 31, 2024.
IAPE-represented employees who are eligible to be paid a 2025 raise will receive one of the three negotiated increases described above—a compensatory increase, a minimum-dollar increase, or a scale increase—whichever results in the largest payout.
Current IAPE-represented employees who were hired after May 1, 2025 are not entitled to a July 1, 2025 pay raise unless their current salary is below the ‘A’ scale for their title. On the other hand, members on payroll since May 1 who have recently been promoted (or who received a merit increase or some other pay adjustment) are still eligible for the full 2025 increase, so long as that promotion took effect before today.
IAPE-represented employees on notice of layoff with separation dates during the month of July will receive severance pay based on new, post-July 1 salaries.
Negotiated pay increases described in the IAPE/Dow Jones collective agreement can be difficult to understand. If you have questions about your July 1 raise, please email union@iape1096.org.
Tomorrow: Sign up for IAPE 101
Another great way to learn about annual IAPE pay increases, and other union basics, is by attending our IAPE 101 orientation class. While this half-hour Zoom presentation is intended primarily for IAPE newcomers, veteran members are also welcome to join and participate in the Q&A session at the end of each class.
The next edition of IAPE 101 is scheduled for tomorrow, July 2, at 2:00 p.m. EDT. To register and receive your Zoom attendance link, please visit the IAPE Events Page.